Positive sentiment to start the week initially pushed Treasury yields lower and the Nasdaq-100® to a record high, but that all changed on Wednesday. The week started off strong, with the early success of Meta’s new Muse agent boosting the artificial intelligence (AI) trade . Plus, U.S. oil prices fell $10 from last Friday to $90 per barrel as Saudi Arabia prepared to reopen its East-West pipeline and President Trump said the U.S. and Iran had “ very good ” talks and another meeting was scheduled “in the very near future.” Then on Wednesday, 10-year Treasury yields rose 15 basis points (bp) in a day on fears the Federal Reserve will have to hikes rate more than expected because: Reports yesterday that the U.S.
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