Government bond yields drop as risk sentiment improves
Global government bond yields fell Monday as oil prices moved lower, aided by tentatively improving risk sentiment tied to central banks’ commitments to return inflation to target and growing oil flow through the Strait of Hormuz.
Global government bond yields fell on Monday as oil prices eased, with risk sentiment improving tentatively on central banks’ commitments to bring inflation back to target and on rising oil flow through the Strait of Hormuz. An interest-rate hike by the Federal Reserve la…