Oil Hits $114 as Iran-Libya Crisis Triggers Fed Policy Shift
The oil market’s violent surge to $113.98 carries a message Wall Street hasn’t fully grasped yet: the Federal Reserve’s dovish pivot just hit a geopolitical wall. When crude rockets 2.19% in a single session while 10-year Treasury yields rise 0.51% to 4.33%—instead of falling on safe-haven demand—the bond market is screaming one thing: inflation is … Read more