TREE NEWS reports: Oil prices jumped above $90 a barrel on September 1 after US strikes on Iran, while global stocks, gold and bitcoin fell. Bond yields rose with Japan’s 10-year hitting 3% for the first time since 1996. Weak US data and surging energy costs revived stagflation fears, boosting bets on a Fed rate hike.
Oil tops $90 as Iran strikes spike crude, stagflation trade returns
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