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Bloomberg Markets

Oil Climbs as US-Iran Deadlock Lifts Bond Yields

Oil Climbs as US-Iran Deadlock Lifts Bond Yields
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Hardika Singh, Fundstrat Economic Strategist says that tech stock earnings are really driving the stock market more than the war in Iran. A renewed advance in oil prices sent bonds lower after the US and Iran failed to agree on terms to end their war, dashing hopes for a revival of the Strait of Hormuz while stoking inflation concerns. The Treasury market, which has priced out the odds of Federal

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Bloomberg Markets

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