Global Oil and Bond Yield Spikes Signal Economic Headwinds for Greenwood
Global financial markets reacted sharply on Monday, July 20, as renewed U.S.-Iran hostilities led to significant increases in oil prices and government bond yields. Brent crude, a key international benchmark, climbed above $90 a barrel for the first time since early June, marking a notable escalation from its recent position above $80. The surge in […]
Greenwood Market Watch: June Jobs Report Shifts Interest Rate Outlook
National labor market data for June indicated a deceleration in job growth, leading financial markets to recalibrate their expectations for the Federal Reserve’s future interest rate decisions. This shift has, in turn, influenced the trajectory of Treasury yields and prompted adjustments in stock market positioning. The latest employment figures, released for the month of June, […]