Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Jason Ma

Demand for longer-term U.S. debt gets weaker as one shock after another stokes fear that high inflation is here to stay

(Credit: Andrew Harnik/Getty Images)

Bonds sold off sharply around the world on Friday as investors brace for persistently elevated inflation amid the ongoing energy crisis.

Oil jumped after the U.S.-China summit wrapped up without any signs that Beijing will lean on ally Iran to reopen the Strait of Hormuz.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.