U.S. and euro yields rise as U.S.-Iran tensions lift oil prices
U.S. Treasury and eurozone government bond yields rose further on Wednesday after similar moves in Asian bonds. Renewed U.S.-Iran hostilities pushed oil higher, fueling inflation fears and rate-hike expectations.
By Emese BarthaU.S.
Treasury and eurozone government bond yields rose further on Wednesday, following similar moves in Asian bonds, as renewed hostilities between the U.S. and Iran pushed oil prices higher, adding to inflation fears and prospects of a Federal Reserve interest-rate hike.Yields again…