US bonds fall as markets weight inflation, Middle East risks

Government bonds in Asia Pacific followed Treasuries lower as oil’s four-day rally revived inflation concerns ahead of key US consumer price data later this week. Gold advanced.

As treasury yields climbed on Monday, investors geared up for significant inflation data due later this week. The ongoing geopolitical tensions in the Middle East have added an extra layer of uncertainty to the markets. Traders are particularly focused on the upcoming consumer…