Jump in oil prices puts pressure on global bond markets
TradingView News reports that rising oil prices are pushing global bond markets closer to the edge amid concurrent focus on the yen-dollar rate, long-term Treasury yields, and a renewed trade dispute with Canada.
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04:33:35 PM UTC
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By Caroline Valetkevitch and Harry RobertsonGlobal bond yields rose again and stocks eased on Tuesday as a jump in oil prices fueled concerns about inflation and the potential for interest rate hikes.Japan's 10-year benchmark (JP10YTN=JBTC) yield hit 3% for the first time since 1996, pushing up gov…
By Aaron BackTreasury Secretary Scott Bessent has a lot of plates spinning at the moment.
Even as he hosts the G-20, he is busy defending his attempts to manage the yen-dollar exchange rate, long-term Treasury yields and a renewed trade war with Canada.Crucially though, it is the jump in oil prices…