Oil Price Surge Signals Inflation Risk Return as WTI Jumps Nearly 5%
The complacency trade just got more expensive. West Texas Intermediate crude rocketed 4.95% to $91.68 today—the highest close in fourteen months—while the 10-year Treasury yield spiked 36 basis points to 4.47% and gold sold off 1.57%. This is not a geopolitical headline spike that fades by lunch. The simultaneous jump in oil, yields, and the … Read more