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Crude Oil Jumps and Yields Hit 4.8% on Escalating US-Iran Conflict

Investor's Business Daily Read original source (opens in a new tab)
The Story

News Summary

  • Crude oil futures jumped amid an escalating U.S.-Iran conflict, pushing the 10-year Treasury yield near a nine-month high of 4.8%.
  • Rising energy prices and surging yields are pressuring broader equity markets as the Treasury prepares measures to calm market tensions.
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