Afternoon update: Yields Sharply Higher with Oil

Not the prettiest day for stocks as higher oil prices, yields and dollar weigh on prices, but also the mega cap safe haven has flashed signs of starting to fail. WTI Crude is up +10.5%.  The U.S. Dollar Index is up +0.5%. Yields are generally higher (2Y +12 bps, 10Y +6 bps, 2Y +2 bps)….