Bond selloff viewed as contained, Allianz Research says
Allianz Research analysts said higher energy prices drove the recent bond selloff, but the market is not in panic mode. They cited renewed Middle East tensions since July and Russia refining-capacity destruction.
0521 GMT - Higher energy prices contributed to the recent bond selloff but the market isn't in panic mode, Allianz Research analysts say in a note. "Renewed tensions in the Middle East since July and destructions of refining capacity in Russia have raised energy costs in particular gas prices again…