{
  "id": 6664701,
  "title": "Surging oil prices, higher bond yields weigh on stocks",
  "url": "https://urgent.news/2026/09/10/surging-oil-prices-higher-bond-yields-weigh-on-stocks-6664701",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-10T23:44:57.000Z",
  "source": {
    "name": "RTHK News - Finance",
    "slug": "rthk-news-finance",
    "url": "https://news.rthk.hk/rthk/en/component/k2/1869615-20260911.htm"
  },
  "original_language": "en",
  "account": "Oil prices surged on Thursday due to Yemeni rebels advancing and threatening crude supplies, while US Treasury bond yields climbed to record highs after data showed an uptick in US wholesale inflation. The benchmark West Texas Intermediate oil contract surpassed $100 a barrel as Yemen's Houthis seized control of the Red Sea port city of Mocha. Brent crude also rose over six percent to over $107 a barrel, its highest level since May. Major Wall Street indices were in the red, with the S&P 500 falling 0.6 percent for a fourth consecutive day. Angelo Kourkafas of Edward Jones noted that the combination of rising oil prices and higher bond yields is beginning to weigh on investor sentiment during a typically challenging period for stocks. Long-term US Treasury bond yields hit a fresh peak of 5.36 percent since 2007 after US government released producer price inflation numbers showing a 5.4 percent acceleration in August, up from 4.8 percent in July. Kathleen Brooks, research director at XTB, warned that Yemeni military advances towards the Bab el-Mandeb strait could disrupt shipping and further threaten global energy supplies. The European Central Bank raised its benchmark rate to 2.5 percent, signaling possible further tightening, while the euro retreated against the US dollar ahead of Friday's US inflation data release.",
  "summary": "Oil prices surged on Thursday as advances by Yemeni rebels threatened the flow of crude supplies while yields on long-term US Treasury bonds reached new multi-year highs following data showing an uptick in US wholesale inflation. The benchmark US oil contract, West Texas Intermediate, jumped above US$100 a barrel on Thursday after Yemen's Houthis seized control of the strategic Red Sea port city…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Bangkok Post Business",
        "title": "Surging oil prices, higher bond yields weigh on stocks",
        "url": "https://urgent.news/2026/09/10/surging-oil-prices-higher-bond-yields-weigh-on-stocks-6689848",
        "published": "2026-09-10T21:45:00.000Z"
      },
      {
        "outlet": "Channel News Asia",
        "title": "Surging oil prices, higher bond yields weigh on stocks",
        "url": "https://urgent.news/2026/09/10/surging-oil-prices-higher-bond-yields-weigh-on-stocks",
        "published": "2026-09-10T22:31:37.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}