Commerzbank Sees Middle East Tensions Driving Treasury Selloff; Waller Flags Near-Term Rate-Hike Risk
() -- Treasuries extended their selloff in Asian trading as Brent crude climbed to $85 per barrel amid escalating military action in the Middle East, according to a note from Commerzbank. The US dollar weakened. President Donald Trump reiterated that the U.S. will control the Strait of Hormuz and be reimbursed for secu