US bond prices fall as oil-driven inflation worries persist

US Treasury prices fell at the start of the week, extending recent losses.

The yield on 10-year US government bonds rose to 5.13% on Monday.

Investors are worried that high oil prices could fuel inflation, particularly amid the Iran war.

Oil prices slipped slightly that day but remained high.

Faster summer growth in China also raised concerns that demand for oil could increase and add to inflation pressure.

German bond prices also fell, while French bonds faced extra pressure over concerns about the country's public finances and debt.