Home›Global Markets›Trade & Tariffs›Brent crude nears $90 as Treasury yields climb on Mide…

Brent crude nears $90 as Treasury yields climb on Mideast impasse

Stock futures were flat even as Treasury yields moved higher alongside the oil move tied to the Mideast impasse, according to WSJ Markets.

Reported · Written up by our desk · Trade & Tariffs

WSJ Markets reports stock futures were flat as investors weighed developments related to a Mideast impasse.

The outlet says Treasury yields rose, even while the market waited for clearer direction.

At the same time, Brent crude moved close to $90.

The combination pointed to pressure from the energy backdrop and firmer rates while broader equity trading held steady.

Latest closeWTI crude $82.30 ▲5.3%|Brent $87.85 ▲5.2%

More like this

Sources