Bonds Slide as Oil Rises on Iran Tensions, RBA Decision Preview | Bloomberg Daybreak: Asia Edition

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Business and finance news from the Asia-Pacific. Bonds resumed their decline after a brief reprieve as Middle East tensions flared following President Donald Trump's rejection of Iran's latest proposal to reopen the Strait of Hormuz. Oil rose and Asian stocks fell. Oil remains a key driver for markets as elevated energy costs add to inflation pressures and bolster expectations for further rate increases. Bloomberg's Shery Ahn spoke to Nomura International Wealth Management North Asia CIO Julia Wang. And - Australia's central bank is poised to resume raising interest rates on Tuesday as policymakers lose patience with persistently strong inflation, with debate mounting over whether a follow-up hike will be needed. Bloomberg's Haidi Stroud-Watts spoke to Westpac International Economist Illiana Jain. See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information. Bloomberg Daybreak Asia delivers today's top stories, with context, in just 15 minutes. Get informed

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