Oil rises and bond yields jump; can stocks hold up?
Brent rises to $95 a barrel amid U.S.-Iran attack exchanges, lifting global bond yields. ECB-sensitive 2-year German yields hit two-year highs and 10-year German yields reach 15-year highs, pressuring can stocks.
OIL UP, BOND YIELDS UP, CAN STOCKS HOLD ON?Brent is up at $95 a barrel as the U.S. and Iran exchange attacks, contributing to a global rise in bond yields that has pushed ECB sensitive 2-year German yields to two-year highs and benchmark 10-year German yields to 15-year highs.So no surprise stock f…