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Surging Treasury Yields and $105 Brent Crude Slam Stocks as Fed Hike Odds Rise

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • US Treasury yields surged to multi-year highs as Brent crude climbed to $105, reigniting inflation fears.
  • With the 10-year yield reaching 4.91% and the 30-year yield touching 5.35%, markets are aggressively pricing in a potential Federal Reserve rate hike next week, putting heavy pressure on equities.
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BRENT price history

104.61 +64.07% over the displayed period

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