10-year Treasury yield leaps to fresh 19-year high after hot economic readings
- On Wednesday, September 23, 2026, US shares dropped while the benchmark 10-year Treasury yield jumped to 5.054%, its highest level since 2007, after data showed business activity accelerated to a more than five-year high.
- S&P Global reported the flash US Composite PMI Output Index increased to 58.4 this month, its highest level since July 2021, fueling expectations for further Federal Reserve interest rate hikes.
- Fed funds futures traders are now pricing in 73% odds of an October rate hike, while the interest-rate sensitive 2-year Treasury yield rose to 4.862%, marking its highest level since June 2024.
- Higher interest rate expectations pushed the dollar to multi-week highs against the euro, which dropped 0.5% to $1.1389, as analysts noted the data underscores the Federal Reserve's hawkish policy stance.
- Brent crude oil futures for November delivery fell 0.8% to $98.49 a barrel, marking the longest losing streak since August 2025, as markets balance economic data against ongoing geopolitical uncertainties.
385 Articles
385 Articles
BUSINESS HEADLINES - Regional Media News
>>Trading Week Winding Down (New York, NY) - The opening bell rings this morning on Wall Street after stocks closed mixed yesterday. It came as treasury yields have continued to move higher amid anticipation of further rate hikes from the Federal Reserve. Oil prices have [...]
Global bond selloff rolls on
US long-dated Treasury yields rose to their highest in more than 20 years yesterday, extending a global selloff that has accelerated on worries that high energy costs, resilient economic growth and increased government spending will keep inflation elevated.
MY Northwest
Jonesboro SunA reprieve from rising oil prices helps steady the US stock and bond markets
NEW YORK (AP) — A cooldown in oil prices is helping to release some of the pressure that’s built up on Wall Street, and U.S. stocks are ticking higher. The
Bluefield Daily Telegraph
A shaky day for oil prices and the bond market leaves US stocks not far from where they started
Stocks ended a shaky day of trading on Wall Street roughly where they began following a couple sudden reversals. The S&P 500 finished Thursday nearly flat and edged down by less than 0.1% following several turns between losses and gains.…
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