Latest / Market Pulse by Orestes Capital
August 11, 2026 - Oil Spikes, Tech Rotates — Bonds Refuse to Blink
Oil surged toward $90 as hopes for a quick reopening of the Strait of Hormuz faded—but the market’s most important signal may have come from what didn’t move: Treasuries.
Despite another energy-driven inflation scare, bond yields refused to break decisively higher while equities revealed a widening split beneath the surface. Mega-cap technology weakened, broader market leadership rotated, and investors appeared more willing to reposition than run for the exits.
In today’s Market Pulse, we break down why the growing divergence between crude oil and bonds matters, what the rotation away from…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.