2026-04-11

Mon, 01 Jan 0001 00:00:00 +0000

CNBC — 2026-04-11#

Lead Story#

Vice President JD Vance abruptly exited peace talks in Pakistan without a deal as Iran refused U.S. demands to abandon its pursuit of nuclear weapons, keeping the fragile two-week ceasefire and the critical Strait of Hormuz shipping corridor in extreme jeopardy.

Markets & Economics#

Global energy markets remain on edge as the Iran conflict continues to throttle the Strait of Hormuz, with Brent crude hovering around $96 per barrel and retail gasoline soaring past $4 a gallon. This ongoing energy shock directly fueled a hot March inflation print, sending the Consumer Price Index (CPI) up 3.3% year-over-year. Economists warn that prolonged conflict will cause these inflationary pressures to leak into food and manufactured goods, further complicating the Federal Reserve’s interest rate path. Meanwhile, the bond market is flashing warning signs as liquidity fears over a potential private credit crisis spill over into fixed-income ETFs like BIZD and PCR, which are seeing steep discounts to net asset value amid investor redemption anxieties.

Markets on MacWorks

2026-04-11

CNBC — 2026-04-11#

Lead Story#

Markets & Economics#