Oil Breaks $100 Again: What It Means for Your Money
Oil is back above $100, but the bigger story may be what happens next to gasoline, inflation, interest rates, and household budgets. With the Federal Reserve meeting October 28, energy prices could become an increasingly important part of the market setup.
10-Year Treasury Yield Hits Highest Level in 24 Years
The 10-year Treasury yield climbed to about 5.34%, breaking above its 2007 peak even after a softer-than-expected inflation report. Now Friday’s jobs report becomes the next major test for whether pressure on long-term borrowing costs continues.