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Soaring Oil and Multi-Decade Bond Yields Batter Global Equities as Inflation Flares

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Escalating Middle East conflict and disrupted shipping routes pushed Brent crude past $106, reigniting inflation fears.
  • Global bond yields surged to multi-decade highs amid ECB rate hikes and rising Fed tightening expectations, severely pressuring equity markets while massive corporate AI debt issuance further crowds out global capital.
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BRENT price history

102.56 +57.98% over the displayed period

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