Global Bond Selloff Deepens as Oil Jump Stokes Stagflation Fear

Global bond markets tumbled in Asian trading Monday after an oil price shock prompted investors to reprice higher inflation expectations and a deteriorating economic growth outlook. The move triggered broad risk-off flows across fixed income, pressuring yields and signaling a material repricing of inflation and growth risk for markets and policy expectations.

Analysis

Global bond markets tumbled in Asian trading Monday after an oil price shock prompted investors to reprice higher inflation expectations and a deteriorating economic growth outlook. The move triggered broad risk-off flows across fixed income, pressuring yields and signaling a material repricing of inflation and growth risk for markets and policy expectations.