TODAY'S MARKET INTELLIGENCE
Global bond yields surge, oil prices fuel inflation concerns
English summary
Driven by US-Iran tensions and inflation expectations, global bond yields rose sharply on Tuesday, with US Treasury yields hitting multi-year highs and market pricing a 65% probability of a Fed rate hike on September 16. Middle East conflict pushed Brent crude up 2.4% to $92.65 per barrel. The bond sell-off intensified, potentially pressuring global risk assets.
The English text is machine translated and may require verification against the Chinese version.
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