G7 finance ministers acknowledged mounting concern over public debt and bond market volatility as they met in Paris on Monday (May 18) in the wake of a bond market selloff triggered by fears over inflation risks from the Iran war. Ministers discussed the economic fallout from the conflict and volatility on global bond markets, which are of particular concern to Japan, as they also seek common ground on tackling economic tensions and global imbalances. Japanese Finance Minister Satsuki Katayama said that it was up to each country to manage volatility and get the situation under control on its own. [...]