Wolfe Research Says Rising Treasury Yields, Not Slumping Stocks, Are the More Likely Trigger for U.S. Action on the Iran Conflict
Wolfe Research warns that accelerating U.S. Treasury yields, rather than a decline in equity markets, are most likely to prompt the White House to intervene to end the Iran conflict. Analyst Chris Senyek says recent inflation prints and a renewed move higher in yields have refocused markets on the Federal Reserve's limited ability to revert to an e…