Selloff in euro zone bonds continues as yields hit nearly two-decade high
TLT•Euro zone bond yields rise to new highs
LONDON, Aug 19 (Reuters) - The pressure on euro zone government bonds continued on Wednesday with yields rising to new multi-year highs for a second day, as worries about inflation and high public spending gripped sovereign debt markets.
Oil prices rose again on Wednesday, stoking further concerns about inflationary pressures which could force central banks to raise interest rates.
U.S. President Donald Trump said on Tuesday no talks were taking place with Iran and insisted the Strait of Hormuz was open, contradicting Iran's assertion that the critical waterway remained closed and adding to the upward pressure on energy prices.
Brent crude oil LCOc1 rose more than 1% to its highest since late July at $92.38 a barrel.




