Inflation’s on Its Way Back After OPEC Curb, Bond Market Signals

Updated on
  • U.K. 10-year break-even rate rises to highest since July 2015
  • OPEC announcement triggered oil’s biggest jump since April

Bond investors raised their expectations for inflation in the U.S. and U.K. after OPEC’s deal to cut crude output for the first time since 2008 renewed expectations of higher energy costs.

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