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Open original source ↗The US 10-year yield is now up 20 bps since Friday's close. The biggest such rise in 11 months.
Why? See the retweet below. https://t.co/mFCVHbpWo2
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Now gasoline prices are up 25 cents in three days (bottom panel). If gas prices end the month at $3.25, this alone now adds 0.32% to March headline CPI. And crude oil is soaring again today. *US OIL TOPS $80 A BARREL FOR FIRST TIME SINCE JANUARY 2025 https://t.co/T7kktbFgYt
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