US bonds sell off as rising oil prices create inflation anxiety
Local 102h ago5 newsrooms
Rising oil prices are raising inflation fears and pushing bond yields higher, weighing down stocks on Wall Street. The S&P 500 fell 0.7% Tuesday. The Dow Jones Industrial Average fell 299 points, or 0.6%, as of 9:33 a.m. Eastern time. The Nasdaq composite fell 1.4%. Much of the pressure being felt by Wall Street is coming from a sell-off in U.S government…