Rising global yields reflect market pricing of sustained energy price pressures from the unresolved Iran situation, echoing patterns in primary records such as the 1973 OPEC embargo documentation and 1990 Gulf War Treasury reports rather than secondary commentary. One perspective holds that central banks must respond with tighter policy to anchor expectations, drawing from Federal Reserve historical transcripts during prior supply shocks. An alternative view emphasizes that geopolitical de-escalation could rapidly reverse these signals, as seen in post-2015 JCPOA primary diplomatic cables showing quick yield compression. Coverage of the bond alarm overlooks interactions with emerging-market external debt servicing burdens documented in World Bank creditor reports and potential equity rotation into commodity sectors not captured in broad index movements. Primary sources indicate that inflation pass-through depends on inventory drawdowns and shipping rerouting data from maritime authorities, factors secondary market summaries often underweight. Equity valuation adjustments may therefore vary by sector exposure to real yields versus nominal growth, without predetermined outcomes across scenarios.