Oil Hits $100 as Treasury Fails to Calm Bond Market Panic

Oil just blew past $100 a barrel, the Dow dropped for a fourth straight day, and 30-year Treasury yields hit their highest level since 2001. That's not a coincidence. It's a signal that the bond market is losing patience, right as the Fed's own mentor figure just called their rate stance "ridiculous."

CHAPTERS

00:00 Oil Surges Past $100

00:59 Stocks Drop 4th Day

01:39 Treasury's $6B Buyback Fails

01:52 Trump's $5,000 Election Pledge

02:12 30-Year Yields Hit 2001 High

02:34 Druckenmiller Calls Fed Ridiculous

03:00 Fed's Next Move Looms

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