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Brent crude above $100 and 10-year Treasury yields above 5% give markets a double test
This week has basically revolved around two questions for broader markets. The first being can oil prices keep below $100? And the second being can 10-year Treasury yields stay below the 5% mark? Today, we are starting to get an answer to both. And by the looks of it, neither is going in the direction that markets would have preferred. Brent crude is back above $102 after a push higher in overnight trading, while 10-year Treasury yields have broken through 5% to hit 5.11% - the highest since 200
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