Stocks Tumble, Treasury Yields Rise as Oil Surges Again

Core Viewpoint - The surge in oil prices beyond $113 a barrel, driven by intensified attacks on Middle East energy infrastructure, has led to a sell-off in stocks and an increase in short-term Treasury yields [1] Group 1 - Oil prices have exceeded $113 per barrel due to escalating attacks on energy infrastructure in the Middle East [1] - The rise in oil prices has resulted in a negative impact on stock markets, leading to a sell-off [1] - Short-term Treasury yields have increased in response to the rising oil prices and market volatility [1]