POPA ReconBBG - A renewed episode of bond volatility left traders reluctant to make riskier bets, with stocks wavering on worries that elevated oil…
BBG - A renewed episode of bond volatility left traders reluctant to make riskier bets, with stocks wavering on worries that elevated oil prices will fuel inflation and force the Federal Reserve to lift rates. As the selloff in bonds deepened, 30-year yields hit the highest since 2004. The yield on 10-year Treasuries advanced 8 bps to 5.20%. The Treasury’s expanded buyback operation failed to live up to expectations. While the S&P 500 and Nasdaq 100 were little changed, most of its firms fell. Brent crude settled near $107 after briefly paring its rally on news reports that the US and Iran ar…
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