Wall Street Buckles Under Soaring Bond Yields and Oil Tensions

• Energy Sector: Crude oil prices climbed as geopolitical tensions spiked, making energy names the bright spot in a sea of red.
• Bond Yields: Long-term Treasury yields surged to multi-decade highs, a rare "win" for bond sellers but a headache for equity valuations.

Liabilities (What's Losing Ground)

• Dow Jones Industrial Average: Slid over 260 points to beneath 53,500, closing roughly half a percent lower as investors priced in the...