Rising U.S. inflation, debt concerns, and uncertainty over Trump’s tariff policy are rattling global markets. Analysts warn that aggressive tariffs and political pressure on the Fed could destabilize growth while pushing up long-term bond yields. Yields on U.S., UK, France, and Japan bonds have surged, prompting investors to shift toward gold, which hit a record $3,578 per ounce. Experts caution that fiscal deficits, inflation, and weak investor confidence may deepen volatility, leading to further sell-offs in government bonds worldwide.