Global Bond Markets Sell Off on France's Fiscal Worries
Treasury yields climbed to fresh multiyear highs on Monday as investors focused on deteriorating fiscal conditions in major economies worldwide and inflation tied to the Iran war. Bond markets in Japan, Europe, and the U.S. were affected.
Treasuries resumed their autumn decline on Monday, with yields pushed to fresh multiyear highs as investors focused on worsening fiscal conditions in major economies worldwide and inflation linked to the Iran war. S. were…