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Surging oil prices, higher bond yields weigh on stocks
NEW YORK: Oil prices surged Thursday (Sep 10) as advances by Yemeni rebels threatened the flow of crude supplies while yields on long-term US Treasury bonds reached new multi-year highs following data showing an uptick in US wholesale inflation.The benchmark US oil contract, West Texas Intermediate, jumped ab
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channelnewsasia.com
Oil, Treasury yields turn higher as stocks falter
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…
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swissinfo.ch
Stocks, Bonds Fall as Brent Oil Jumps Above $100: Markets Wrap
(Bloomberg) -- Stocks joined bonds lower as oil prices rallied, fueling concerns about inflationary pressures that could make the Federal Reserve raise interest rates.
