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Iran war volatility strains trading in world's biggest markets

The war in Iran has sparked chaos across financial markets, leaving some investors and market makers reluctant to take on risk, making trading harder and costlier - a scenario regulators watch closely. None of the world's biggest markets, from U.S. Treasuries, to gold, to currencies have ​been spared, investors and traders said. In Europe, hedge funds, which now dominate bond trading, added to those dynamics as they rapidly unwound a number of bets this month.[…]