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Maroc Maroc - WN.COM - Business - 02/Mar 18:44

US Treasuries fall as inflation angst eclipses haven buying

US Treasuries fell as conflict in the Middle East sent oil prices soaring, stoking fear inflation will accelerate and forcing traders to scale back wagers on the likely scope of interest-rate cuts. Yields rose from the lowest levels in months as traders focused on the risk that the fighting reignites inflation — potentially dimming the chances of more Federal Reserve easing this year. President Donald Trump, who’s pushing for regime change in Iran, has said the bombing campaign that the US and Israel launched over the weekend could continue for weeks. Iran, meanwhile, countered with strikes across the region. Monday’s bond slump is on track to be the steepest since October. The two-year...

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