✉news BusinessMarkets first seen 4 h ago, last 2 h ago, peak #4
US stocks fall as oil climbs and bond pressure builds
Original: US stocks drop after oil prices climb and the bond market cranks the pressure to new heights
US stock markets closed lower as oil prices rose and pressure in the bond market intensified to fresh highs. Investors are weighing the hit to equities from more expensive crude against rising yields, with the combination raising concerns about inflation, borrowing costs and the outlook for corporate earnings.
Why now: Rising oil prices alongside surging bond market pressure are fuelling investor concern about inflation and the economic outlook.
US stock marketoil pricesbond market
Evidence
- US stocks drop after oil prices climb and the bond market cranks the pressure to new heights · LancasterOnline
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