Bonds, Stocks Jolted as Middle East Tensions Shatter Market Calm
The 30-year Treasury yield rose to 5.3264% as Middle East tensions lifted oil for a third day and pushed global stocks lower.
6 Articles
6 Articles
The conflict in the Middle East is once again on the front page of the market. After the expiration of the 60-day period of negotiations between the United States and Iran to end the war, the conflict is far from over. Tensions have been stirred up after Donald Trump has assured that the area surrounding the Strait of Ormuz has been annexed to the country as "new American territory." Amid these turbulences, the stock exchanges are going through …
Bonds, stocks jolted as Middle East tensions shatter market calm
U.S. Treasury bond yields have rebounded in the face of fear of a new inflationary shock stemming from the Middle East conflict and oil surge.
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