Business Bible News Market Minute: May 19 @ 4:00PM ET

This is a Business Bible News Market Minute for Tuesday May 19 at 4:00 PM Eastern Time. According to Bloomberg, yields on the US Treasury’s longest-dated bond rose to the highest level in almost 20 years as investor concern over accelerating inflation fuels a selloff across global debt markets. Global markets are down today. In overseas trading, the Nikkei is down 896 points. The Dow is down 312 points to 49,373. Oil is trading at $104 per barrel while gold is at $4,489 per ounce. Today's Daily Principle is ECONOMICS, specifically dealing with Recession. This principle is found in Genesis 41–30. The verse reads: 'After that, there will be seven years of famine, and all the good years will be forgotten, because the famine will ruin the country.' Learn more at businessbible.com where Daily News meets Daily Principle.