Tag: bonds buckle,
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Bonds buckle, stocks fall as surging oil prices inflame inflation risks
SYDNEY, Sept 11 : Treasury yields hit multi-year highs and Asian shares slumped on Friday as soaring oil prices inflamed inflation risks, sending investors scrambling to price in more policy tightening from central banks across the globe.Brent crude hit a four-month high of $109.97 a barrel on Friday after a
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