{
  "id": 9648980,
  "title": "Stocks mostly fall as oil prices and bond yields rise",
  "url": "https://urgent.news/2026/09/24/stocks-mostly-fall-as-oil-prices-and-bond-yields-rise",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-24T23:06:38.000Z",
  "source": {
    "name": "RTHK News - Finance",
    "slug": "rthk-news-finance",
    "url": "https://news.rthk.hk/rthk/en/component/k2/1871476-20260925.htm"
  },
  "original_language": "en",
  "account": "Stock markets experienced a mostly negative day on Thursday as US Treasury bond yields reached multi-year highs, largely due to the ongoing conflict in the Middle East. Following a down day in Europe, Wall Street stocks opened the session in negative territory but saw a brief boost around midday after a Reuters report suggested progress on an accord between Washington and Tehran to reopen the Strait of Hormuz. However, this positive momentum was short-lived, and stocks eventually settled back down.\n\nAt the close of the session, the S&P 500 was down 0.02 percent at 7,704 points, while the Nasdaq edged up by 0.01 percent to 26,939 points, and the Dow Jones Industrial Average declined 0.3 percent to 51,349 points. The benchmark US 10-year Treasury yield hit its highest level since 2007, and the 30-year yield reached its highest since 2004, as oil prices surged.\n\nKathleen Brooks, research director at XTB, noted that it is uncommon to witness such volatile movements in sovereign bond markets. She attributed the rise in bond yields to a combination of increasing government debt, deficits, robust economic growth, and growing inflation risks. These factors are unfavorable for the bond market, leading to a rise in yields, she explained.\n\nThe increase in US yields is also a result of strong economic data and expectations of further rate hikes by the Federal Reserve. Around 70 percent odds favor the Federal Reserve raising interest rates in October. This expectation pushed 30-year US fixed-rate mortgages above 7.0 percent, which negatively impacts homebuyers. Meanwhile, investors are monitoring the upcoming meeting between US President Donald Trump and Chinese President Xi Jinping at the White House, with few expected breakthroughs from the state visit. The visit primarily serves as a platform to manage points of friction between the world's two largest economies.",
  "summary": "Stock markets mostly fell and oil prices climbed on Thursday as US Treasury bond yields hit multi-year highs, driven partly by a lack of progress in ending the Middle East war. After a down day in Europe, Wall Street stocks began the session firmly in negative territory, but received a positive jolt around midday with a Reuters news agency report that Washington and Tehran had made headway on an…",
  "key_points": [
    "US bond yields hit multi-year highs",
    "Oil prices surge, impacting markets",
    "Fed likely to raise rates in October"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}