Treasury yields recover some of last week’s losses, with the 10-year at 1.785%, up from 1.722% Friday, after rocky overnight trade around the globe that saw stocks falling in Asia and Europe and oil prices breaching $130 a barrel. Bond investors juggle the economic risks stemming from the war in Ukraine and the persistent inflation, ahead of the much expected Fed rates liftoff. Some pundits fear a mix or low growth and inflation.

“This is a complicated web of global banks, sovereign sanctions, corporate self-sanctions, potential insolvency, broken supply chains, dislocated commodity prices accompanied by global central bank tightening,” AmeriVet’s Gregory Faranello says.

– Paulo Trevisani, Wall Street Journal–Market Talk