The U.S. markets are experiencing a widening split that is causing concern among investors. A notable phenomenon is the decoupling of oil prices from the bond market. According to a prominent economist, this creates an unusual market configuration.

A customer pumps gas at a Chevron gas station in Los Angeles on June 15.Kayla Bartkowski / Los Angeles Times via Getty Images file

As the conflict in Iran appears to be nearing an end, oil prices have decreased to levels similar to those before the war. This brings the prospect of cheaper gasoline and a cooling effect on consumer prices.