Bitcoin and stocks stabilize after early-week slide. The bond market isn’t convinced.

Risk assets recover from oil-driven selloff as rising yields pressure Fed rate-cut bets. What to know : Bitcoin and global stocks have rebounded from an early-week sell-off sparked by the U.S.-Israel-Iran conflict. Bond yields, however, continue to climb as traders reassess the outlook for inflation and price out Fed rate cuts. Strong U.S. economic data and the prospect of a prolonged energy-driven inflation shock call for caution.