Treasury Yields Change Little Despite Falling Oil Prices
Dow Jones
Sep 22
1555 ET - Treasury yields start the week little changed after a volatile stretch, despite a sharp drop in oil prices. WTI crude falls 4%, to $96 a barrel. The WSJ Dollar Index, meanwhile, rises 0.1% as the greenback strengthens 0.3% against the yen and 0.2% versus the euro. Markets keep pricing at least one interest rate hike by the Fed in the next two meetings of 2026, since last week's hike and hawkish communication. The Fed seems to regain markets' confidence, as long-term yields fall. The 30-year drops 0.031 percentage point to 5.296%, while the 10-year sheds 0.033 point to 4.962%. The two-year rises 0.009 point to 4.751%.
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