Treasury Rally Faces Oil Shock as Middle East Conflict Revives Stagflation Fears
U.S. Treasury investors are confronting a renewed dilemma as escalating conflict in the Middle East drives oil prices sharply higher, reviving concerns about stagflation and complicating the outlook for interest rates. Treasuries had just posted their strongest monthly performance in a year before the latest geopolitical shock. In recent weeks, safe haven demand and moderating […]