- Yields: 10-year Treasury yields surge to levels unseen in nearly two decades, rattling equities
- Inflation: Rising oil prices revive persistent inflation concerns, complicating the Fed's path
- Markets: S&P 500 drops 1.43%, Nasdaq tumbles 2.05%, snapping multi-week winning streaks
- Housing: Zillow warns median household needs 15 years of saving to break even on homeownership
The Checkup
The bond market declared a rebellion this week, sending long-term...