Oil and Treasury yields havenβt moved this closely in seven years. Thatβs bad news for markets
β’ Oil prices and 10-year Treasury yields are moving in near lockstep, reaching their strongest correlation since 2019. β’ Ed Yardeni of Yardeni Research noted that rising oil prices signal higher bond yields and increased inflationary expectations. β’ This trend threatens growth and technology stocks because their valuations rely on earnings expected far into the future.
cnbc.com



