Treasury yields climb higher as investors monitor Iran war and soaring oil price

NoodlesOrTokens · 2026-03-09T12:20:46+00:00

U.S. Treasury yields rose as oil prices surpassed $100 per barrel, raising inflation concerns. Key economic data is forthcoming, and the G7 will discuss oil production cuts by Middle Eastern countries amid ongoing geopolitical tensions.

NoodlesOrTokens

2026-03-09 12:20:46

Abstract generation in progress

In this article

US30Y
US2Y
US10Y
HAL
PSX
VLO
MPC
OXY
TIP
COP
CVX
XOM
USO
BIL
IEF
SHY
TLT

Follow your favorite stocksCREATE FREE ACCOUNT

Signs display prices for gasoline at stations on March 2, 2026 in Chicago, Illinois.

Scott Olson | Getty Images

U.S. Treasury yields climbed higher on Monday as oil prices soared past $100 a barrel and increased inflation fears among investors.

The benchmark 10-year Treasury yields rose more than 4 basis points to 4.175%, and the 30-year Treasury bond added more than 3 basis points to yield 4.787%. The 2-year Treasury note yield was 5 basis points higher at 3.606%.

One basis point is equal to 0.01%, and yields and prices move in opposite directions.

Investors are watching oil prices, which jumped more than 25% earlier to above $110 a barrel, fueling concerns about rising energy costs and an inflation spike.

West Texas Intermediate later pulled back and was last trading around $101 per barrel, and global benchmark Brent was at $103 per barrel.

The surge in oil prices came after major Middle Eastern oil producers, Kuwait, Iran, and the UAE, cut oil production following the effective closure of the Strait of Hormuz amid the war. The G7 finance ministers are expected to hold a call at 8:30 a.m. EST to discuss potentially.

Elsewhere, investors are looking ahead to a busy week of economic data, including February inflation data on Wednesday, the personal consumption expenditures index, and JOLTs job opening figures for January on Friday.

Additionally, Federal Reserve officials are currently in their pre-meeting blackout period ahead of the March interest rate decision.

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes