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Bond Selloff Resumes as Oil Rises After Trump Spurns Iran Offer

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A selloff in Treasuries resumed Monday as oil rallied after President Donald Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz, intensifying inflation concerns.

A selloff in Treasuries resumed Monday as oil rallied after President Donald Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz, intensifying inflation concerns.
Trump Spurns (ORG) Iran (LOCATION) Treasuries (ORG) Donald Trump (PERSON) the Strait of Hormuz (LOCATION)
Originally published by Bloomberg Markets Read original →