Oil Holds Gains, Bonds Drop on Inflation Concerns: Markets Wrap
- 1 min read - Source: Bloomberg
TOP SUMMARY
Oil held near its highest close since mid-June, weighing on stocks and Treasuries, as an escalation in Middle East hostilities rekindled worries about...
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Key points
- Oil held near its highest close since mid-June, weighing on stocks and Treasuries, as an escalation in Middle East hostilities rekindled worries about inflation.
What happened
Oil held near its highest close since mid-June, weighing on stocks and Treasuries, as an escalation in Middle East hostilities rekindled worries about inflation.