After US Central Command announced further strikes on Iran, Brent crude rose more than 5 per cent to about 95 dollars a barrel and US crude gained nearly 6 per cent to nearly 91 dollars. At midday the S&P 500 fell 0.71 per cent and the Nasdaq about 1 per cent. The 10-year US Treasury yield reached about 4.8 per cent, its highest since January 2025. Forbes, earlier on Tuesday, put the same selloff's 10-year yield at 4.79 per cent.
Brent crude, after US Central Command announced further strikes on Iran, rose more than 5 per cent to about 95 dollars a barrel. US crude gained nearly 6 per cent to nearly 91 dollars. Forbes, earlier in the same Tuesday session, said Brent gained 1.7 per cent to 92 dollars a barrel after a 2.71 per cent rise to a close of 90.49 dollars. Forbes tied the Tuesday oil move to renewed US-Iran fighting.[1], [2]
NBC News said that at midday the S&P 500 fell 0.71 per cent and the Nasdaq about 1 per cent. The 10-year US Treasury yield reached about 4.8 per cent, its highest since January 2025. Forbes put the same selloff's 10-year yield at 4.79 per cent, up from 4.73 per cent on Friday, and the 2-year yield at 4.35 per cent. Forbes added that traders saw around a 65 per cent chance of a Fed rate increase in September, up from 40 per cent in late August. Forbes also said Nasdaq-100 futures fell 1.15 per cent and the S&P 500 fell around 0.45 per cent.[1], [2]
NBC News wrote that 30-year UK government bonds reached their highest level since 1998. Forbes reported Germany's 10-year yield at 3.35 per cent, its highest since 2011, and France's at 4.21 per cent, the highest since 2008. US Treasury Secretary Scott Bessent said on CNBC that yields were flat measured across President Donald Trump's second term and described high global prices as a temporary supply shock rather than a lasting shift.[1], [2]
