Reading up on energy-prices
2 deep · digging since mar 03
- US 30-Year Yield Hits Highest Since 2007 as Selloff Deepens
The US 30-year Treasury yield surged to 5.20%, its highest since 2007, driven by inflation fears from the Iran war and mounting deficits.
- Global Economy Is Facing the Prospect of Another Profound Shock - The New York Times
The article argues that a prolonged Middle East conflict risks a surge in energy costs and renewed global inflation, creating a profound economic shock.