Yields Are Pressuring Stocks Again

Higher crude oil (/CL), dollar, and yields are pressuring stocks again, notes Liz Ann Sonders. She and Collin Martin discuss crude oil’s recent strength. Liz Ann mentions that the slowing economy and still-high inflation may be sinking in. Collin looks at how treasury yields are up modestly today. He highlights that this is likely due to the “higher for longer” theme. He outlines that long-term yields should remain rangebound until we get more clarity from the Fed. Tune in to find out more about the stock market today.