tokyo down almost 2%. europe has closed down. stock index u.s. futures mixed here. u.s. interest rates the story. rates climbed to a three-year high. the yield on treasury note, 2.78%. that suggests a slowing economy ahead. tech stocks tumbled. a key inflation gauge is due in just hours. likely to show red hot inflation. u.s. oil prices dropping sharply. they re at the lowest level since the start of russia s war with ukraine. u.s. crude falling 4% monday. 94.29 a barrel. that s the lowest since february 29th. that was over $130 a barrel. the latest selloff is driven by demands for oil as shanghai and other cities have the covid lockdowns. worries about slower economic
on russia. now, there is no evidence as of yet that the russians have decided to do this. that there is a plan in place to interfere in the elections, or the ramp up that activity. they say based on what they know about vladimir putin s past activity, about how his mind set, his risk tolerance has changed since the war began, they do believe it a distinct possibility and they are preparing for it. for us from washington, thank you very much, natasha. also just into cnn, oil prices have just dropped to the lowest level since the start of the russia war on ukraine. u.s. crude dropped to settle at $ $94.29 a barrel. that s the lowest since the beginning of the war and it marks a sharp decline from the peak of $130.50 a barrel. san francisco police okay. all right. we ll wrap there. we ll send it over to the lead with jake tapper live from lviv.