Iran strike wave lifts energy, sours global bonds
Energy prices surged again on a new wave of strikes in the Iran war, adding fuel to a selloff across world bond markets as investors brace for central bank interest-rate rises this month.
By Mike DolanA new wave of strikes in the Iran war this week has seen energy prices surge once again, adding fuel to the selloff across world bond markets as investors brace for a series of central bank interest rate rises this month.With rising government borrowing costs concentrated on the econom…