The Mideast Energy War, Part 17: Oil Hits a Pre-War Low. The Fed Just Signaled a Hike. The Decoupling Is Complete.
Brent fell to $75.57, a pre-war low, as the Strait of Hormuz reopens and trapped tankers clear the chokepoint. Yet the Fed dot plot flipped to a hike and the 10-year holds at 4.48%. Part 17 reads the completed decoupling for CRE.