Middle East Conflict Sends Oil Up, Bonds Down

Why it matters

The Middle East conflict causing a spike in oil prices and a drop in bonds represents a credible geopolitical event with significant market impact, affecting energy markets, sovereign risk perceptions, and credit conditions globally, thus materially influencing borrowing costs and credit availability for sophisticated finance professionals.

Sources

• The Wall Street Journal

  Middle East Conflict Sends Oil Up, Bonds Down

  Plus, stocks fall and new job-market numbers are mixed.