{
  "id": 8991136,
  "title": "Oil prices and bond yields give back some of last week’s jumps",
  "url": "https://urgent.news/2026/09/21/oil-prices-and-bond-yields-give-back-some-of-last-weeks-jumps-8991136",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-21T19:19:11.000Z",
  "source": {
    "name": "Global News",
    "slug": "global-news-globalnews",
    "url": "https://globalnews.ca/news/12067089/oil-prices-and-bond-yields-give-back-some-of-last-weeks-jumps/"
  },
  "original_language": "en",
  "account": "U.S. stocks experienced a decline in their gains on Monday as oil prices and bond yields reduced some of their recent jumps. The S&P 500 rose by 1.5 percent, bringing it within 0.4 percent of its highest point reached last month. The Dow Jones Industrial Average increased by 348 points, or 0.7 percent, while the Nasdaq composite gained 2.2 percent. Brent oil prices fell by 3.4 percent to $100.29 USD per barrel, still significantly higher than the $72 USD price seen earlier this summer, but down from the near $110 USD it reached last week. The average price of regular gasoline in the U.S. climbed to nearly $4.48 USD, up from less than $4.32 USD a week prior and $3.18 USD a year ago. This decline in oil prices provided relief to the bond market, as the yield on the 10-year Treasury decreased to 4.97 percent from 5.01 percent, following a breach of the 5 percent mark last week for the first time in three years. Despite these market fluctuations, concerns persist regarding the availability of oil for consumers worldwide. ING commodities strategists Ewa Manthem and Warren Patterson noted that profit-taking by investors and hopes for positive discussions at upcoming international events, such as the UN General Assembly and a meeting between China's and the U.S.'s leaders, had helped boost optimism. U.S. Treasury Secretary Scott Bessent expressed satisfaction with the recent talks with Chinese Vice Premier He Lifeng in New York, covering trade and AI. A state visit by Chinese President Xi Jinping to the U.S. from September 23 to 25 has been confirmed by China's Foreign Ministry. Experts and policymakers anticipate discussions on trade, tariffs, and AI safety during the visit. On Wall Street, stocks in the AI industry stabilized after a global decline at the beginning of last week, and the cryptocurrency industry saw a rally as bitcoin's price surpassed $85,000 and returned to January levels. Other stock indexes around the world also experienced growth, including France (0.9 percent), Hong Kong (1.2 percent), and South Korea (1.6 percent).",
  "summary": "Oil prices are swinging as some crude from the Middle East is able to sail through the Strait of Hormuz, though nowhere nearly as much as the industry and customers would like.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Global News",
        "title": "Oil prices and bond yields give back some of last week’s jumps",
        "url": "https://urgent.news/2026/09/21/oil-prices-and-bond-yields-give-back-some-of-last-weeks-jumps",
        "published": "2026-09-21T19:19:11.000Z"
      }
    ]
  },
  "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."
}