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US Treasury Selloff Resumes as Trump Spurns Iran Offer

Bloomberg Markets·September 28, 2026·1 min read

US Treasuries resumed selling off on Monday as oil prices climbed after President Donald Trump rejected Iran's latest proposal to reopen the Strait of Hormuz. The move pushed yields higher, reflecting investor concerns over rising energy costs and geopolitical tensions, which could fuel inflation and pressure fixed-income markets.

Read at Bloomberg Markets
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