Live Updates > Live Update Details
2026-09-15 18:16:08
[US 10-Year Treasury Yield Rises to Highest Level Since 2007] ⑴ The yield on the US 10-year Treasury note reached 5.02% on Tuesday, its highest level since 2007, driven by inflation concerns fueled by soaring oil prices. ⑵ The Houthi rebels in Yemen seized control of the Red Sea and the Bab el-Mandeb Strait last week, a region crucial for oil exports, while Iran continues its blockade of the Strait of Hormuz. ⑶ The Saudi government was forced to shut down east-west pipelines over the weekend following Houthi drone attacks. ⑷ Rising energy costs are increasing pressure on central banks to curb inflation; US transportation and agricultural diesel prices exceeded $6 per gallon on Friday.
