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Oil Rise Piles More Pressure On Bonds
A selloff in Treasuries resumed Monday as oil rallied after President Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz. Monday’s selloff in Treasuries comes after yields across tenors surged to multiyear highs last week amid hawkish comments from Federal Reserve officials. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have sk…
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