Yields rise, oil jumps; US and Iran resume military attacks | live
By Caroline Valetkevitch and Dhara Ranasinghe NEW YORK/LONDON, Aug 31 (Reuters) - Bond yields rose and stocks fell on Monday as oil prices jumped more than 2%, with a resumption of military clashes between the U.S. and Iran adding to worries about inflation. U.S. President Donald Trump was quoted on Monday as promising to "hit them hard" after Iran launched missiles overnight at two U.S. air bases in Jordan in response to a U.S. attack on Iran's Larak Island.
By Caroline Valetkevitch and Dhara Ranasinghe NEW YORK/LONDON, Aug 31 (Reuters) - Bond yields rose and stocks fell on Monday as oil prices jumped more than 2%, with a resumption of military clashes between the U.S. and Iran adding to worries about inflation. U.S. President Donald Trump was quoted on Monday as promising to "hit them hard" after Iran launched missiles overnight at two U.S. air bases in Jordan in response to a U.S. attack on Iran's Larak Island.
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