WorldTrump Dismisses ‘Little War’ With Iran as Global Bond Selloff Returns

President Donald Trump brushed aside concerns that the Iran conflict was depleting U.S. firepower as clashes resumed in hostilities that have continued intermittently for more than six months. Neither side is willing to restart negotiations. Rising oil prices pushed global bond yields back near two-decade highs, while investors increased bets on a Federal Reserve rate hike over inflation fears.

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