EconomyBonds Slide on Inflation Fears as Oil Climbs on Hormuz Deal Outlook

Treasury prices decline and U.S. equity futures fluctuate as higher oil prices intensify concerns about inflation. President Trump takes a tougher position toward Iran and makes new demands, making an immediate agreement involving the Strait of Hormuz less likely. In technology finance, Nvidia is working with major investors including Apollo and Blackstone to raise $500 billion for AI infrastructure. Intel has expanded a share offering to $20 billion. Laura Cooper of Nuveen discusses the increase in real yields.