Bond selloff deepens as rising energy prices stoke inflation fears

Bond selloff deepens as rising energy prices stoke inflation fears  Reuters

TOKYO, Sept 1 : Selling drove global bond yields to major new highs on Tuesday as renewed fighting in the Middle East lifted oil prices above $90 a barrel and put pressure on stock markets around the world.Japan's 10-year benchmark hit 3 per cent for the first time in a generation. The 10-year U.S. Treasury yield, a be