*Walter Bloomberg
@DeItaone
Joined August 2014
40 Following 1.9M Followers
MARKETS ON EDGE AS OIL AND YIELDS SURGE
U.S. stock futures were flat as investors weighed Fed rate-hike risks, U.S.-Iran tensions and key jobs data.
Japan’s 10-year bond yield topped 3% for the first time since 1996, adding pressure to global markets.
Meanwhile, Brent rose above $91 as threats of further U.S. strikes on Iran fueled concerns over Strait of Hormuz supply disruptions.
Investors now await U.S. labor and manufacturing data.
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