The decline in oil prices followed a pause in U.S. military attacks on Iran, reducing fears of a prolonged disruption to global energy supplies and encouraging investors to move back into government bonds.

Such is the extent of the selloff that the average yield on the Bloomberg Global Treasury Index, which tracks government bonds of investment-grade countries, surged to 3.68% on…

Oil prices drop, easing inflation fears and boosting shares and bonds. New all-time high in oil by September 30 at 6.2% YES.