How about including Big Oil in ESG funds? | MarketTalk: What’s up today? | Swissquote
Monday morning’s rebound in US bond yields didn’t last long; the US sovereign bond yields fell as rapidly as they rose on Monday as a $55bn auction of 5-year US bonds saw strong demand after a weak sale of 2-year bond. The US dollar index extended losses and gold gained.
Crude oil however remained under selling pressure on uncertainty regarding whether Saudi could or could not come out with an impactful supply cut decision this week. Note that a deeper fall in oil prices could support a further bond rally, and a further USD depreciation.
Oil companies are also feeling...