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Energy Jolt: Attacks on Gas and Oil are Spiking Bond Yields

Friday 20th March 2026NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABRetaliatory attacks on Qatari gas facilities have sent energy prices soaring, with Brent crude momentarily almost return to $120 a barrel and European benchmark gas prices jumping as much as 30%. In this environment of heightened inflation risk, Phil talks with NAB’s Ray Attrill to examine the sharp rise in global bond yields, specifically a 40-basis-point spike in UK 2-year gilts following the Bank of England’s surprisingly hawkish stance. Ray also provides a deep dive into the…

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