Oil Prices and Bond Yields: The Uncomfortable Truth About Home Economics The latest market volatility on Wall Street, driven by oil prices and bond yields, has left many investors wondering what this means for their wallets.
Market fluctuations are nothing new, but the current trends have a significant impact that goes beyond the stock exchange.
Oil prices have surged to nearly $US110 per barrel, affecting not just energy companies and consumers at the pump, but also inflation rates. Brent crude is hovering around $US103.