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Oil and Bond Pressure Return to Markets
Oil prices are jumping again, bond yields remain volatile, and markets are still wrestling with the same two forces that have shaped much of the year: energy risk and higher rates.
Chuck Zodda and Mike Armstrong discuss why oil prices remain elevated even as more crude moves through the Strait of Hormuz, how higher shipping and insurance costs are keeping pressure on energy markets, and why tight inventories leave little room for another disruption. They also break down the reported Starbucks-Chipotle takeover talks, what the latest Fed minutes and Waller comments suggest about future rate…
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