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U.S.-Iran Talks Stall as Treasury Yields Rise Near Multiyear Highs
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U.S. Treasury yields, which have soared to their highest levels in decades, continue their sharp rise. This is a consequence of rising international oil prices and renewed inflation concerns stemming from the standoff between the U.S. and Iran.
Friday’s Rally Fades as Energy and Yields Climb
Friday’s US equity rally is losing momentum, with NASDAQ futures down 0.8% and Dow futures down 0.6% this morning. Crude Oil is rising again after the US and Iran failed to reach an agreement to reopen the Strait of Hormuz, although talks continue. Rising inflation expectations are pushing Treasury yields to new multi-decade highs and […]
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