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Barchart
Barchart
Oleksandr Pylypenko

Stocks Slip Before the Open as Bond Yields Climb on Inflation Worries, U.S. Economic Data on Tap

Iran United States US Federal Reserve Majid TakhtRavanchi Stephen Miran uranium China Economy Inflation ECB

March S&P 500 E-Mini futures (ESH26) are down -0.29%, and March Nasdaq 100 E-Mini futures (NQH26) are down -0.40% this morning as Treasury yields advanced for a fourth consecutive day amid worries that surging energy prices from the Middle East conflict could stoke inflation.

The 10-year T-note yield rose three basis points to 4.13% on Thursday. The price of WTI crude climbed more than +3% amid growing disruptions to energy markets caused by the conflict.

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