Iranian Parliament Speaker Mohammad Bagher Ghalibaf vowed on Thursday that his country would return the United States to “1970s [interest] rates, plus high gas prices, diesel shortages, and bell-bottoms.” Ghalibaf also mocked the recent development in the US bond market, wishing “Happy 5.1% 10Y America” after the yield on the ten-year note climbed above the 5% mark for the first time since 2023 earlier this month. “Mashallah. Celebrate: it’s the floor two years out,” Ghalibaf went on in a post on X, adding that nobody told Washington “Iran isn’t for arrogant amateurs.” He also appeared to mock US Treasury Secretary Scott Bessent again, posting a photo that ridiculed his competency