Oil prices surged nearly 6% in Monday dealings as the U.S. military began a blockade of Iranian ports following failed negotiations over the weekend between the U.S. and Iran.
US Existing-Home Sales Fall to Nine-Month Low as Prices Rise Bloomberg.comUS home buyers 'frozen' as sales slump over Iran war fears BBCHome sales sank in March, casting a pall on the forecast for the rest of the year Yahoo FinanceNAR Existing-Home Sales Report Shows 3.6% Decrease in March National Association of REALTORS®
Investors are writing off any move from the Fed this month—collapsing talks in Iran have sealed the deal FortuneTreasury yields rise as collapse of Iran talks clouds inflation outlook CNBCBond Traders Snap Back to Inflation as Higher-for-Longer Sets In Bloomberg.comInflation or recession? The tug of war in bond markets The Economist
