Oil surged above $100 and the 10-year Treasury jumped toward 4.2% as Middle East tensions and fresh economic data jolted markets in the past week. This week on the Basis Points podcast, Kevin Flanagan breaks down the crosscurrents, from a surprisingly weak jobs report to resilient macro indicators, and explains why the Fed may stay on hold while volatility lingers.
Basis point: 1/100th of 1 percent.
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