The Story
News Summary
- The US Treasury's $6 billion bond buyback failed to suppress rising yields, keeping the 10-year note near 5% and pushing mortgage rates past 7%.
- Treasury Secretary Bessent attributed elevated yields to stubborn inflation and surging energy prices driven by Middle East geopolitical tensions.
Explore BRENT price history & advisor snapshot
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Stored market data
BRENT price history
104.61
+64.07% over the displayed period
Advisor Snapshot
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