President joe byden yesterday announced a massive release of oil from the country's strategic petroleum reserves. A hundred and 80 million barrels of oil will be injected into the market over the next six s, which works out to a million barrels a day. And there was an ominous signal in the us Government bond market this week. We'll talk about why the inverted yel curve may not be so scary after all. Plus peak of my chat with the head of the f t, editor, rulahalof about covering the war in ukrane.