Bond Selloff Abates as Oil Price Slips -- WSJ
Dow Jones2026/09/25 13:42By Caitlin McCabe
A global bond selloff is steadying this morning, giving U.S. stocks some relief.
The 10-year U.S. Treasury yield has retreated from a weekly intraday high of 5.224%. Borrowing costs have also mostly slipped across Europe and Asia, while the dollar is on track to break five straight days of gains.
Helping drive the moves is a retreat in oil prices, which have played a big role in how bonds have traded this week. The most actively traded Brent crude futures, for December delivery, have slipped following reports Thursday that U.S. and Iranian negotiators in New York are discussing a deal to reopen the Strait of Hormuz.
Despite the quieter mood today, yields are still ending the week far higher than where they started. The 10-year yield has climbed 16 basis points just this week and is still hovering at 19-year highs.
Both the S&P 500 and Nasdaq are headed for weekly gains, while the Dow is on track for a loss.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
September 25, 2026 09:42 ET (13:42 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Traders are betting on rising US Treasury yields, short positions surge and push up repo costs
Short positions on government bonds continue to increase, driving up the cost of repo borrowing.
Mattel, the maker of Barbie dolls, surges 19%! Acquired by Authentic Brands Group with an offer possibly exceeding $20 per share
According to media reports, Authentic Brands Group has privately approached Mattel to discuss an acquisition offer. The bid could exceed $20 per share, corresponding to an overall valuation of around $6 billion or higher. There is no guarantee that both parties will eventually reach an agreement. Additionally, with a new CEO about to take charge at Mattel, whose strategic plans have yet to be clarified, the potential deal may become even more complex.
The British Pound slides again as UK government bonds sell off
Horace Mann Completes Acquisition of Employee Services