Italy's 10-year bond yield hit 4.15% as European sovereign debt sells off amid surging oil prices, record issuance forecasts, and shifting fiscal

Italy's 10-year bond yield hit 4.15% as European sovereign debt sells off amid surging oil prices, record issuance forecasts, and shifting fiscal

A global bond sell-off has hit European debt markets, reflecting concerns about inflation, budget deficits and government debt.