Global bonds sold off sharply on Wednesday, extending a rout that is raising borrowing costs to multi-decade highs as the Middle East conflict pushes up energy prices, playing into investor fears about inflation and ballooning government debt.

The 2DayBulletins Editorial Team publishes accurate, timely, and well-researched news and articles across Trending Topics , Business and Finance , Politics, Entertainment, Sports, Technology, Health, with a focus on delivering reliable information to readers.