Crude jumped 6% and 30-year Treasury yields hit levels last seen in 2007 as a hot PPI print pushed Fed rate-hike odds toward 70% ahead of Friday's CPI.

US stocks fell as oil prices surged amid geopolitical tensions. Crude oil reaching a new all-time high by September 30 at 1.8% YES.

Sept 9 : Brent crude prices surged past $100 a barrel on Wednesday and the yield on 10-year Treasury debt hit its highest level since November 2023, as Middle East and inflation…

Copper, other metals tumble as Treasury yields keep rising.

By Joe Stonor and Adam Whittaker