Bonds Resume Slide as Oil Rises on Iran Tensions: Markets Wrap
Oil prices increased and US stock futures declined after President Trump rejected Iran's proposal to reopen the Strait of Hormuz. Negotiations between the two nations may resume later this week.
Bonds resumed their decline after a brief reprieve as Middle East tensions flared following President Donald Trump’s rejection of Iran’s latest proposal to reopen the Strait of Hormuz. Oil rose and Asian stocks fell.
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