Treasury Yields Rise as U.S.-Iran Hostilities Push Oil Prices Up -- Market Talk

0859 ET - Treasury yields rise alongside crude prices following a U.S. military attack against Iran over the weekend. Brent is up 3%, at $91 a barrel. Markets price 64% odds of a Fed hike in September, according to CME, reacting to Chairman Warsh's hawkish statements on Friday. Economists surveyed by WSJ expect August payrolls to increase by 50,000, following July's 23,000 decrease, with unemployment steady at 4.1%. The data are due Friday. The 10-year yield reaches 4.754%, up from 4.710% overnight. The two-year rises to 4.344% from 4.232%. (paulo.trevisani@wsj.com; @ptrevisani)

(END) Dow Jones Newswires

August 31, 2026 08:59 ET (12:59 GMT)