🚨WARNING: $100 oil and a 3-YEAR high in Treasury yields are dragging US stocks lower as the Iran war fuels inflation fears. The S&P 500 is down 0.4% and the Nasdaq has slipped 0.3%, extending losses from earlier in the week. Markets are now pricing a 60% chance of a Fed rate HIKE this month as Brent crude holds above $100 for the first time since May, per Reuters. Bessent announced a $6 BILLION bond buyback to ease pressure on yields, but the bond market sold off anyway. Friday's CPI report will determine whether the Fed pulls the trigger.(Coin Bureau)