Treasury yields spike as inflation expectations rise; crude jumps
Treasury yields spiked as inflation expectations rose, while crude rallied about 5% and surpassed $90. Market talk cites deficit spending and large AI corporate debt issuance amid a bonds selloff, per Touchstone’s Erik Aarts.
1608 ET - Treasury yields spike amid rising inflation expectations.
U.S. and Iran exchange fire and crude rallies 5%, surpassing $90.
Massive government deficit spending and large-scale AI corporate debt issuances help fuel the bonds selloff, Touchstone's Erik Aarts says.
July job openings edge up…