Oil shock breaks the 60/40 playbook as bonds fail to provide cover

Oil shock breaks the 60/40 playbook as bonds fail to provide cover

Oil price spike from Middle East conflict is hitting stocks and Treasurys, lifting yields and mortgage rates.

mbbirdy/E+ via Getty Images A surge in oil prices tied to conflict in the Middle East has triggered a sharp selloff in U.S. Treasurys, undermining one of investors traditional safe havens. Instead o… [+147 chars]
Oil shock breaks the 60/40 playbook as bonds fail to provide cover - FHMnews