Treasuries fell as an impasse in negotiations between the US and Iran fueled concern that higher energy costs will stoke inflation and push the Federal Reserve to r…

(Bloomberg) -- A renewed rally in oil drove bonds lower while stocks fluctuated as a report that Iran will halt exchanges of messages with the US cast doubt on a ceasefire renewal.

Treasuries fell as an impasse in negotiations between the US and Iran fueled concern that higher energy costs will stoke inflation and push the Federal Reserve to r…