Asian shares slip as oil and bond yields climb
Asian share markets declined on Monday as surging oil prices and rising bond yields fueled inflation concerns. Investors braced for a busy week of US economic data and potential central bank rate hikes.
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Asian share markets fell Monday morning as Brent Crude Oil climbed 2.7% to $107.16 a barrel amid escalating geopolitical tensions involving the United States and Iran over the Strait of Hormuz.
