• How Political Turmoil Could Push Oil Above $70

    7 days ago - By ETF Daily News

    From Tsvetana Paraskova : Two of this week's main market highlights were the continued oil prices rally-with Brent touching above $70 a barrel on Thursday for the first time since December 2014-and a sell-off of U.S. Treasury bonds in the middle of the week.
    The U.S. government bond sell-off pushed yields on the benchmark 10-year Treasury bonds to a 10-month high at above 2.5 percent. Generally, yields on Treasury notes go up when there's less demand for them, and go down when demand is high.
    While a number of factors have combined to push U.S. government yields higher, analysts suggest...
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