Bond Ructions Gatecrash Talks by G-7 on Skewed World Economy

Global bond jitters took center stage as Group of Seven finance chiefs discussed how oil-fueled inflation risks overshadowing world economic prospects.

The talks in Paris were meant to dwell on imbalances ranging from the US budget deficit to China’s weak consumption, but the state of government debt markets left ministers and central bankers preoccupied by spiking yields, driven by investor concerns about consumer prices.