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Oil's role in the global bond sell-off
The Financial Times reports Japan’s 10-year bond yield neared a 30-year high after strong economic data bolstered rate-rise expectations.
TLDR
TraderTVLIVE points to rising crude, stalled US-Iran talks and bond yields near 20-plus-year highs. Another commentator argues that oil can feed inflation and delay monetary relief, but says yields remaining high even when oil falls point to fiscal credibility as a deeper concern. The Financial Times reports Japan’s 10-year government bond yield rose to 3.11%, near a 30-year high.
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