A.M. Update

S&P futures are down ~0.2% as renewed hostilities between the U.S. and Iran have oil prices and Treasury yields moving higher this morning. Iran launched multiple rocket and drone attacks across the Persian Gulf, and the U.S. conducted self-defense strikes on Iran’s Qeshm Island. WTI crude oil futures are up +2.1% to $95.70/bbl. The 2-yr…