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US equities fell and Treasury yields surged after August PPI topped expectations at 5.4%. Geopolitical escalation in the Red Sea and plunging Saudi oil output sent WTI and Brent surging over 6% past …
US equities fell as surging crude prices and hot PPI data stoked inflation fears, lifting Treasury yields and rate-hike odds. WTI and Brent jumped 6% following geopolitical escalations near the Red S…
Surging U.S. Treasury yields reflect persistent inflation concerns driven by Middle East tensions and Red Sea disruptions boosting energy prices. Despite weaker economic data, heavy government debt i…
Microsoft reports undersea fiber cuts in the Red Sea causing higher latency for Azure traffic routed through the Middle East; traffic has been rerouted and service is not interrupted.