Oil Prices Hit $100, Triggering Global Bond Sell-Off and Rate Hike Speculation
Oil prices have reached $100 a barrel, leading to a global bond sell-off and causing shares to fall. The surge in oil prices has also prompted the European Central Bank to consider potential interest rate hikes.
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Oil hits $100 and drives global bond sell-off
Brent crude’s rise threatens a prolonged surge in inflation and resetting interest rate expectations
Read full article →Oil hits $100 a barrel, shares fall and ECB eyes rate hikes
By Donal O'Donovan
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