TRADING DAY Bonds slam stocks
The widespread selloff across global sovereign bond markets deepened on Tuesday, pushing long-dated yields to fresh multi-decade highs and rattling stocks, while investors also grappled with the inflationary signal from global oil prices hitting a three-week high.
The widespread selloff across global sovereign bond markets deepened on Tuesday, pushing long-dated yields to fresh multi-decade highs and rattling stocks, while investors also grappled with the inflationary signal from global oil prices hitting a three-week high.
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