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Oil price jump lifts yields and dents market volatility
CNBC World links the move to jitters ahead of the U.S. and Iran ceasefire expiration, with both stock and bond markets reacting.
A jump in oil prices is feeding jitters across both equity and bond markets, contributing to a pickup in yields and a fall in volatility, according to CNBC World.
The outlet said the timing is coming as the ceasefire between the U.S. and Iran approaches its expiration, a factor keeping investors on edge as they weigh potential follow-on risk.
With markets still sensitive to energy prices, the combination of higher oil and higher yields is leaving investors watching for further signs of volatility changes heading into the deadline.