Markets Suffer as Bond Market Blues Cast Shadow Over Stocks The recent selloff in global bonds has brought an end to the brief respite in stock markets, leaving investors scrambling to make sense of the shifting landscape.
Stocks have posted their worst day since March amid growing concerns that central banks may be forced to tighten monetary policy to combat inflation.
At the heart of this worrying trend lies the rapidly rising cost of oil, which remains stubbornly high despite efforts by major producers to boost output.