{
  "id": 9669004,
  "title": "Oil jump sends 30-year yields to two-decade high",
  "url": "https://urgent.news/2026/09/25/oil-jump-sends-30-year-yields-to-two-decade-high",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-25T00:45:00.000Z",
  "source": {
    "name": "Straits Times Business",
    "slug": "straits-times-business",
    "url": "https://www.straitstimes.com/business/economy/oil-jump-sends-30-year-yields-to-two-decade-high"
  },
  "original_language": "en",
  "account": "US 30-year bond yields surged to a 20-year high on September 24, fueled by a rise in oil prices and heightened concerns about inflation and potential Federal Reserve rate hikes. Oil prices jumped approximately 3%, reaching a one-week peak after a Houthi missile strike on Saudi Arabia raised fears of supply disruptions. However, trade remained volatile, and prices later retreated from session highs following reports of discussions between the US and Iran to reopen the Strait of Hormuz. The 2-year note rose by 2.51 basis points to 4.92%, while the 10-year note increased by 8.17 basis points to 5.196%, a level not seen since 2007. The 30-year bond yield climbed by 7.96 basis points to 5.4816%, the highest since 2004.\n\nGennadiy Goldberg, head of US rates strategy at TD Securities, attributed the yield rise to a mix of rising Federal Reserve hike expectations, growing growth expectations, higher oil prices, fiscal concerns, and increased issuance from major corporations. The yield gap between French and German 10-year debt widened to its widest level since 2012's \"Whatever it Takes\" speech by former European Central Bank President Mario Draghi.\n\nThe recent bond yield surge follows a significant sell-off the previous day, when 10-year yields reached their largest daily increase since April 2025, triggered by stronger-than-expected US business activity data showing prices paid surging to a nearly four-year high. The Federal Reserve, which may need to raise interest rates again to combat unexpectedly high inflation, faced a modest demand for a US$44 billion auction of 7-year Treasury notes on September 24, following weak interest during the Sept 23 US$70 billion sale of 5-year debt. The Treasury also bought back US$4.078 billion in 20- to 30-year bonds to support market liquidity.\n\nWhile financial conditions seem supportive of a resilient economy and stock market, analysts warn that higher bond yields could potentially disrupt the equity rally by increasing borrowing costs and prompting investors to shift from stocks to bonds. Despite the bond yield weakness on September 24, some experts argue that financial conditions are still conducive to a resilient economy and stock market.",
  "summary": "Oil climbs about 3% after Houthi missile attack on Saudi Arabia revives supply disruption fears.",
  "key_points": [],
  "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."
}