Macro Finance
Treasuries Selloff Deepens as US-Iran Standoff Pushes Oil Higher
Bloomberg Markets·September 28, 2026·1 min read
The US bond market selloff deepened Monday as oil prices climbed after President Donald Trump rejected Iran's latest proposal to reopen the Strait of Hormuz. The standoff pushed crude higher, adding to inflation concerns and pressuring Treasuries. Investors are watching for further escalation in the region, which could keep yields elevated and weigh on risk assets.
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