Equities sold off again while yields climbed, pushing bonds negative for the year.

Yields rose while stocks fell as the markets focused on the price of oil and private credit woes.

Global equity markets fell and U.S. Treasury yields increased. Oil was the biggest gainer.

AI fears and escalating tensions with Iran influenced the markets this week.

The market moved to a more defensive posture and yields declined as rate cut expectations rose.

Investors rotated into more defensive, value sectors and drove up the price of gold.