Dollar Weakens as Oil Pulls Back from Recent Highs, Bond Yields Steady
📉 MARKETS — Oil retreating while three supertankers burn raises an obvious question. 📌 LOOK CLOSER: A dollar slip paired with falling oil defies the Hormuz shock narrative — suggesting traders are pricing in either a near-term diplomatic move or demand destruction overriding supply fear. Bond yield stabilization signals no new panic. Watch whether Brent holds above $100; a close below resets the political calculus on Trump's diesel deal.