Iranian president condemns Israel's nuclear arsenal as bond yields spike

Sep 24, 2026

Iran's war with the US shows no sign of ending, and the economic damage is piling up at home — bad news for Americans facing higher mortgage rates, gas prices, and grocery bills.

  • Iran's president used the UN stage to attack Israel for holding nuclear weapons while refusing inspections, and for the death toll in Gaza.
  • A side meeting on Iran produced nothing, killing hopes that talks might restart soon.
  • Government bond yields jumped past 5% in the biggest one-day move in years, meaning buyers of US debt are losing money and fewer want to buy more.
  • That pushes mortgage rates near 7% while gas and beef prices stay high — the things people actually feel.
  • Eight sailors on the USS Lincoln carrier group attempted suicide during an unusually long deployment, a sign of how thin the military is stretched.

Outlook: Iran appears to be betting the war lasts until Trump leaves office, while rising borrowing costs and prices set up a political backlash at the midterms.

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