Oil prices that top the $100-per-barrel mark have downstream effects on all kinds of things. Bonds are among them.

Sept 9 : Brent crude prices surged past $100 a barrel on Wednesday and the yield on 10-year Treasury debt hit its highest level since November 2023, as Middle East and inflation…

The yield on the U.S. 2-year Treasury note added 2 basis points early Wednesday, as oil hovered above the $100 mark.