Latest News for IUSB
Treasury yields fell as oil cheapens on hopes of a Hormuz deal.
Brent crude drops by 5% after US president claimed talks on Middle East peace deal would resume
The 30-year Treasury yield touched 5.24% recently, marking its highest level since 2007. The risk of the Fed raising interest rates this year and persistently high inflation are pressuring yields higher.
Stock futures steady as investors await Amazon, Apple earnings
Inflation moderated in June, but it was almost completely due to falling energy prices. Energy prices have begun to soar again with the end of the U.S.-Iran ceasefire.
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