U.S. yields ease from highs after data as oil lifts inflation fears
U.S. Treasury yields retreated from earlier highs on Tuesday following economic data. A renewed oil price rise tied to Iran-war strike resumption fanned inflation concerns and contributed to a global bond selloff.
By Chuck MikolajczakU.S.
Treasury yields retreated from earlier highs on Tuesday in the wake of economic data, after another rise in oil prices due to the resumption of strikes in the Iran war had reignited inflation concerns and helped trigger a global bond selloff.Yields pared gains after the Ins…