Global Market Today: Asian bonds fall as geopolitical risks lift oil, yields

Global Market Today: Asian bonds fall as geopolitical risks lift oil, yields

Brent crude extended gains in early Asian trading to over $91 a barrel after renewed fighting in the Middle East. The US and Iran exchanged strikes for the first time in about a month as American forces hit an island in the Strait of Hormuz and the Islamic Republic responded by launching attacks on the United Arab Emirates and Jordan.