Bond Yields Hit Two-Decade High; S&P 500 Flat — SkimNews
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- Bond yields surged to fresh two-decade highs while oil prices were buffeted by Iran headlines, according to NBC News.
- S&P 500 was little changed as traders weighed rising yields against optimism over a potential Strait of Hormuz reopening, per CNBC's live updates.
Why it matters: With bond yields at levels not seen in 20 years, the cost of capital across the economy is repricing higher, yet equity markets are absorbing that pressure without a directional move because oil-related Iran headlines are injecting offsetting volatility — leaving portfolios exposed to both rate and geopolitical risk simultaneously.
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