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10-Year Treasury Yields Breach 5% as Oil Tops $100 Ahead of Fed Decision

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

News Summary

  • US 10-year Treasury yields breached 5.04%, marking multi-year highs ahead of the FOMC rate decision.
  • Alongside crude oil climbing above $100 per barrel, rising borrowing costs and an unwinding yen carry trade are tightening global financial conditions and weighing on equity market valuations.
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BRENT price history

107.88 +66.17% over the displayed period

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