Global bond selloff extends as oil jumps after U.S.-Iran strikes
Global bond yields rose, extending a broad-market government debt selloff tied to inflation fears. Oil prices surged to five-week highs after a new round of U.S. strikes against Iran.
By Caroline Valetkevitch and Harry RobertsonGlobal bond yields rose on Tuesday, extending a broad-market selloff in government debt fed by inflation fears, while oil prices surged to five-week highs after a new round of U.S. strikes against Iran refocused attention on the simmering Middle Eastern c…