Business · Markets · 2 days ago
US Treasury prices fall as rising oil prices add to inflation concerns
US government bond prices fell as oil prices climbed.
Iran’s Revolutionary Guards said they had attacked a tanker carrying liquefied gas, helping push oil prices higher.
Higher oil prices can add to inflation by making energy more expensive.
Investors are also watching inflation risks and rising US government debt.
US Treasury prices fell on Friday as rising oil prices added to inflation concerns.
The 10-year Treasury futures contract dropped 0.19% to 104.53 points, while the 10-year yield rose to 5.25%.
Oil prices climbed after Iran’s Revolutionary Guards said they had attacked a liquefied natural gas tanker.
The 10-year yield had reached 5.36% on Wednesday, its highest level since 2002.
Weak University of Michigan consumer sentiment data had little effect on the bond market.
- Who
- US Treasury bonds and investors in the US bond market.
- What
- Treasury prices fell as oil prices rose, while the 10-year yield climbed.
- When
- Friday, October 9, 2026.
- Where
- The US bond market. The tanker’s location is not stated.
- Why
- Oil prices rose after Iran’s Revolutionary Guards said they attacked a liquefied natural gas tanker, adding to inflation concerns.
This story does not have two clearly opposing sides.
We will not attack Iran at any time before the midterm elections, which take place in the United States on November 3.
Overall, sentiment among lower-income consumers and those with smaller stock portfolios fell sharply this month — groups with fewer resources to cushion price increases.
Frustration over the cost of living continues to grow, as consumers across political groups believe economic conditions have weakened since the beginning of the year.
The 10-year Treasury yield reached 5.36%, its highest level since 2002.
Oil prices were under pressure, temporarily weighing on Treasury bonds.
Oil prices rose after Iran’s Revolutionary Guards said they had attacked a liquefied natural gas tanker, and Treasury prices fell.
- 10-year Treasury futures
- Fell 0.19% to 104.53 points
- 10-year Treasury yield
- 5.25% on Friday
- Recent yield peak
- 5.36% on Wednesday, the highest since 2002
- Oil price catalyst
- Iran’s Revolutionary Guards said they attacked a liquefied natural gas tanker
- Midterm elections
- Scheduled for November 3 in the United States
Sources
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