(Bloomberg) -- Stocks fell and bond yields rose after the Federal Reserve decided to stay on hold, signaling the possibility of higher interest rates as the central bank assesses the impacts of the Iran war on inflation.

US Treasuries rally as Iran deal eases inflation fears, pushing the 10-year yield to 4.46% and shifting Fed rate hike expectations out to March 2027.

(Bloomberg) -- Stocks climbed around the world, joining gains in bonds as oil slumped after the US and Iran agreed to reopen the Strait of Hormuz, fueling hopes for an end to the…