• Like
  • Comment
  • Favorite

Treasurys Sell Off as Oil Rallies on Renewed U.S. Blockade

Dow Jones07-14

1546 ET - Treasury yields rise as oil futures rally nearly 10% after President Trump revived the naval blockade in Hormuz. June CPI is due tomorrow and expected to reflect a decline in energy costs linked to peace talks. That decline is greatly undone by the recent escalade in tensions. The WSJ Dollar Index rises 0.2%. Tradeweb notes the one-year yield, at 4.114%, is exceptionally higher than the Fed's 3.50%-3.75% policy target, underpinning the prospect of rate hikes. Fed Chairman Warsh has his first congressional hearing tomorrow. The 10-year yield rises 0.042 percentage point to 4.610%. The two-year increases 0.054 p.p. to 4.261%, the highest since February 2025. (paulo.trevisani@wsj.com; @ptrevisani)

 

(END) Dow Jones Newswires

July 13, 2026 15:46 ET (19:46 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

empty
No comments yet
 
 
 
 

Most Discussed

 
 
 
 
 

7x24