Middle East conflict fuels oil prices, stoking inflation fears

Yemen’s Houthi rebels have recently conducted attacks on Saudi Arabia’s oil infrastructure, further intensifying tensions in the Strait of Hormuz. Meanwhile, oil buyers are accelerating efforts to build inventory buffers in response to the ongoing energy crisis. Regarding monetary policy, sources are currently debating the impact of rising oil prices and Treasury yields on the US Federal Reserve, with opinions split on whether interest rate hike probabilities are narrowing or if rates will simply remain higher for longer.

Yemen’s Houthi rebels have reportedly attacked Saudi Arabia’s oil infrastructure, while tensions remain elevated in the Strait of Hormuz. As Brent crude trends toward $100 per barrel, oil buyers are accelerating purchases to build reserves. Amid this surge, global markets are experiencing a significant bond sell-off, and sources remain divided on whether this shift will force the Federal Reserve to implement further interest rate hikes.

Brent crude has climbed to nearly $96 per barrel, reaching a seven-week high as markets begin pricing in a 36% probability of a Federal Reserve rate hike at next week's meeting. Meanwhile, US Treasury yields have surged to their highest levels of 2026, with the 30-year real yield hitting its peak since 2008. Additionally, reports indicate that Yemen’s Houthi rebels have targeted Saudi oil infrastructure and tankers in the Red Sea, further intensifying regional supply concerns.

Brent crude has climbed to nearly $96 per barrel, reaching a seven-week high, while markets currently price a 36% probability of a Federal Reserve rate hike at next week's meeting. Furthermore, Yemen’s Houthi rebels have reportedly attacked Saudi oil infrastructure and tankers in the Red Sea, adding to regional instability. Alongside these developments, US Treasury yields have hit their highest levels of 2026, with the 30-year real yield reaching its highest point since 2008.

Brent crude has climbed to nearly $96 per barrel, reaching a seven-week high as markets price in a 36% probability of a US Federal Reserve rate hike at next week's meeting. In addition to escalating tensions in the Strait of Hormuz and reports of attacks on oil infrastructure and tankers by Yemen’s Houthi rebels, US Treasury yields have surged to their highest levels of 2026. Financial performance reports also indicate significant corporate shifts, with Alphabet increasing capital expenditure guidance and Tesla posting its first negative free cash flow quarter in over two years.

Brent crude has climbed to nearly $96 per barrel, reaching a seven-week high as markets price in a 36% probability of a US Federal Reserve rate hike at next week's meeting. Additionally, the 30-year real yield on US Treasury bonds has hit its highest level since 2008, while reports indicate that Yemen’s Houthi rebels have carried out attacks on oil infrastructure and tankers in the Red Sea. Regarding corporate earnings, Alphabet shares fell despite beating revenue expectations due to high capital expenditure guidance, and Tesla recorded its first negative free cash flow quarter in over two years.

Brent crude has climbed to nearly $96 per barrel, reaching a seven-week high as global markets react to escalating tensions. Amid this surge, reports indicate that the probability of a US rate hike at next week's meeting is currently priced at 36%, though some analysts suggest this figure could reach 82% if prices exceed $100. Furthermore, US Treasury yields have hit their highest levels of 2026, with the 30-year real yield reaching its highest point since 2008.

Brent crude has climbed to nearly $96 per barrel, reaching a seven-week high as markets weigh the possibility of a US interest rate hike. While some reports suggest a 36% probability of a hike at next week's meeting, other disputed claims indicate the odds could reach 82% if prices surpass $100. Additionally, the 30-year US Treasury real yield has hit its highest point since 2008, and the US has intensified its stance against Iran following reports of potential large-scale military actions.

Brent crude reached $100 per barrel on Thursday, significantly up from earlier monthly levels of $71, before easing to $96 on Friday. This surge has pushed US gasoline prices to $4 per gallon and intensified speculation regarding monetary policy; market expectations for a Federal Reserve rate hike in September have risen to approximately 82%, up from less than 53% last week. Furthermore, US Treasury yields have hit yearly highs, with the 10-year yield reaching 4.65% and the 30-year yield climbing to 5.14%, while economists warn that prolonged energy price spikes may compel the Bank of England and the European Central Bank to consider further interest rate increases.

Brent crude climbed to $100 per barrel on Thursday, marking a significant rise from $71 earlier this month, before retreating to $96 on Friday. Amid this energy surge, the likelihood of a September Federal Reserve rate hike has risen to approximately 82%, up from less than 53% a week ago, while the probability of a hike at next week's meeting has increased to nearly 38% from under 12%. Additionally, US initial jobless claims dropped to 187,000, the lowest level since 1969, as markets react to the dual pressure of cooling economic growth expectations and the threat of persistent inflation.

Brent crude reached $100 per barrel on Thursday, its highest level since late May, while gasoline prices in the US climbed to $4 per gallon. Driven by these energy costs, market expectations for a Federal Reserve rate hike have surged, with futures now pricing in an 82% probability for September compared to less than 53% a week ago. Amid escalating hostilities in the Middle East, the Dow Jones Industrial Average dropped over 600 points and the Nasdaq Composite fell nearly 3% as central banks globally face renewed pressure to tighten monetary policy.

Brent crude climbed to $100 per barrel on Thursday, marking its highest level since late May, before settling near $96 on Friday. Reflecting these energy pressures, US Federal Reserve interest rate hike expectations for the September meeting have surged to approximately 82%, up from less than 53% just a week ago, while the 10-year Treasury yield has risen to 4.65%. Additionally, Yemen's Houthi rebels have reportedly attacked Saudi oil infrastructure and tankers in the Red Sea, intensifying regional tensions and prompting President Trump to warn of potential large-scale military action against Iran.

Brent crude has surged to $100 per barrel, fueling a global bond sell-off and driving US Treasury yields to their highest levels of 2026, with the 30-year yield hitting 5.14%. Markets are now pricing in an 82% probability of a Federal Reserve rate hike in September, compared to less than 53% a week ago, while the Dow Jones and Nasdaq have fallen sharply amid reports of Houthi attacks on oil tankers and heightened military tensions between the US and Iran.

Brent crude has spiked to $100 per barrel for the first time since late May, while the US average gasoline price reached a month-long high of $4 per gallon. Driven by this energy surge, market expectations for a US Federal Reserve rate hike have intensified, with Fed funds futures indicating an 82% probability for a September increase, up from below 53% just a week ago. Amid broader bond sell-offs, the 30-year US Treasury yield climbed to 5.14% on Wednesday, marking its longest period above 5% since 2007, while initial jobless claims dropped to 187,000, signaling potential economic overheating.

Brent petrol fiyatları perşembe günü 100 dolar seviyesine ulaştıktan sonra cuma günü 96 dolara gerilerken, bu yükseliş küresel piyasalarda tahvil satışlarını tetikledi ve ABD 10 yıllık tahvil getirisi %4,65'e yükseldi. Fed'in Eylül ayında faiz artırımına gitme ihtimali CME verilerine göre %82'ye ulaşarak bir hafta önceki %53'lük oranın oldukça üzerine çıktı; gelecek haftaki toplantı için faiz artırım beklentisi ise %12'den %38'e yükseldi. İngiltere Merkez Bankası'nın olası faiz hamlelerine dair beklentiler de enerji maliyetlerindeki artışla birlikte yoğunlaşırken, ABD'de haftalık işsizlik maaşı başvuruları 187 bin ile 1969'dan bu yana en düşük seviyesine gerileyerek ekonomide aşırı ısınma sinyalleri verdi.

Brent crude has surged to $100 per barrel for the first time since May, driving a sharp sell-off in global bonds and sending the Dow Jones down over 600 points. Markets are aggressively resetting rate-hike expectations, with CME's FedWatch tool showing an 82% probability of a US Federal Reserve hike in September, compared to less than 53% just a week ago. Additionally, US jobless claims hit a record low of 187,000, fueling concerns that the economy is overheating amid rising energy costs.

Brent crude has surged to $100 per barrel for the first time since late May, while the US 10-year Treasury yield rose to 4.65% and the 30-year yield reached 5.14%, its longest stretch above 5% since 2007. This energy price jump has reset market expectations, with Fed funds futures now indicating an 82% likelihood of a September rate hike, up from less than 53% a week ago. Additionally, US jobless claims fell to 187,000, the lowest level since 1969, fueling concerns that the economy may be overheating as the Dow Jones Industrial Average tumbled over 600 points on Thursday.

Brent crude has surged to $100 per barrel for the first time since late May, driving widespread volatility in global markets and causing the Dow Jones Industrial Average to tumble over 600 points. Following this energy price spike, market expectations for a US Federal Reserve interest rate hike have intensified, with futures now pricing in an 82% likelihood of a hike in September, compared to less than 53% just a week ago. Additionally, US jobless claims dropped to 187,000, the lowest level since 1969, leading some analysts to warn that economic growth may be showing signs of overheating amid the renewed inflation risks.

Brent crude has surged toward $100 per barrel, driven by escalating tensions in the Middle East and concerns over regional shipping disruptions in the Strait of Hormuz and the Red Sea. This energy price spike has reset market expectations, with Fed funds futures now indicating an 82% probability of a US Federal Reserve interest rate hike in September, a significant increase from the less than 53% probability recorded just one week ago. Furthermore, US Treasury yields have climbed to their highest levels of 2026, as investors react to the threat of prolonged inflation and a potential shift in central bank policy.

Brent crude has surged toward $100 per barrel, driven by escalating tensions and a breakdown in the ceasefire between the U.S. and Iran, which has also resulted in reduced ship transit through the Strait of Hormuz and Red Sea. Consequently, markets are recalibrating interest-rate expectations, with the probability of a U.S. Federal Reserve rate hike at next week's meeting rising to nearly 38% and September expectations reaching approximately 82%. Amid this volatility, U.S. Treasury yields have climbed to their highest levels of 2026, while U.S. crude inventories dropped by 7.2 million barrels to their lowest level since 2018.

Brent crude has surged toward $100 per barrel, driven by escalating tensions in the Middle East and the breakdown of a ceasefire between the US and Iran. This energy price spike has fueled a global bond sell-off and forced a reassessment of interest-rate expectations, with Fed funds futures now indicating a nearly 38% probability of a rate hike at next week's meeting, up from less than 12% a week ago. Additionally, US crude inventories dropped unexpectedly by 7.2 million barrels to their lowest level since 2018, further tightening supply as Houthi rebels and Iranian forces continue to disrupt maritime traffic in the Red Sea and the Strait of Hormuz.

The Middle East conflict has intensified with the breakdown of the fragile US-Iran ceasefire, leading to renewed attacks on oil infrastructure and tankers in the Red Sea and Strait of Hormuz. As Brent crude surges back toward $100 per barrel—a significant rise from the $71 level seen earlier this month—market expectations for a US Federal Reserve interest rate hike in September have climbed sharply, with some indicators now pricing the probability as high as 82% compared to less than 53% just a week ago. Amid this geopolitical instability and energy price volatility, US Treasury yields have reached their highest levels of 2026, fueling concerns that persistent inflationary pressures may force central banks to maintain or further increase borrowing costs.

Brent crude has recently surged toward $100 per barrel, marking a significant increase from its earlier monthly levels, while Brent itself hit $100 on Thursday for the first time since late May. This energy price volatility has intensified expectations of a US Federal Reserve interest rate hike, with Fed funds futures now pricing an 82% likelihood of a move in September, up from less than 53% just a week ago. Additionally, US commercial crude inventories dropped by 7.2 million barrels to 404.5 million, far exceeding the 1.3-million-barrel draw analysts had anticipated.

The intensification of the Iran-US conflict has triggered a significant surge in Brent crude, which recently touched $100 per barrel, fueling global inflation concerns and a sharp bond sell-off. Market expectations for a Federal Reserve rate hike in September have risen to approximately 82%, up from less than 53% a week ago, while the 10-year US Treasury yield has climbed to 4.65%. Meanwhile, U.S. crude inventories dropped by 7.2 million barrels to 404.5 million, reaching their lowest level since 2018, as military tensions in the Strait of Hormuz and Red Sea continue to disrupt maritime logistics.

Brent crude has recently surged to reach $100 per barrel, fueling global bond sell-offs and resetting interest-rate expectations. Fed funds futures currently price in an 82% probability of a rate hike at the September meeting, a significant increase from less than 53% a week ago, while the US 10-year Treasury yield has climbed to 4.65%. Amidst these pressures, US crude oil inventories dropped by 7.2 million barrels to 404.5 million, their lowest level since 2018, as military tensions continue to escalate in the Middle East.

Brent crude has recently fluctuated significantly, peaking at $100 a barrel on Thursday—a level not seen since late May—before retreating to $96 on Friday. Amid this volatility and heightening Middle East tensions, markets are actively pricing in an increased likelihood of a Federal Reserve interest rate hike, with fed funds futures indicating an 82% probability for September compared to less than 53% just a week ago. Additionally, US Treasury yields have climbed to their highest levels of 2026, with the 30-year yield reaching 5.14%, marking its longest duration above 5% since 2007.

Brent crude has reached $100 a barrel for the first time since late May, while U.S. crude inventories unexpectedly fell by 7.2 million barrels to their lowest level since 2018. Amid these energy price surges, market expectations for a Federal Reserve interest rate hike in September have spiked to 82%, up significantly from less than 53% a week ago, as the U.S. continues a series of military strikes against Iran.

Brent crude has recently surged toward $100 per barrel, marking a significant rise from $71 earlier this month and briefly touching $100 before settling near $96. This energy price volatility has intensified market fears, with fed funds futures now pricing in an 82% probability of a U.S. Federal Reserve rate hike at the September meeting, a sharp increase from below 53% just a week ago. Amid escalating hostilities in the Strait of Hormuz and Red Sea, U.S. crude inventories have fallen by 7.2 million barrels to their lowest level since 2018, further pressuring global bond markets and fueling inflation concerns.

Brent crude has recently surged toward $100 per barrel, fueling global bond market volatility and resetting interest-rate expectations. Markets are now pricing in an 82% probability of a US Federal Reserve rate hike at the upcoming September meeting, a significant increase from the sub-53% odds observed just one week ago. Additionally, US crude oil inventories have fallen to 404.5 million barrels—the lowest level since 2018—while central banks globally face mounting pressure to address the inflation risks posed by the escalating conflict.

Brent crude has climbed to nearly $96 per barrel, reaching a seven-week high as investors brace for potential US Federal Reserve interest rate hikes. Financial markets now price a 38% probability of a rate increase at next week's policy meeting, up from less than 12% a week ago, while the likelihood of a September hike has surged to approximately 82%. Amid escalating Middle East tensions and repeated strikes, US crude inventories have dropped by 7.2 million barrels to 404.5 million, significantly exceeding analyst expectations of a 1.3-million-barrel draw.

Brent crude has recently climbed to nearly $100 per barrel, fueling a global bond sell-off and tightening expectations for a US Federal Reserve interest rate hike as soon as next week. Market data indicates an 82% probability for a September rate increase, a significant rise from the less than 53% likelihood observed a week ago. Amid escalating regional tensions, US crude inventories have dropped by 7.2 million barrels to their lowest level since 2018, while major central banks including the Bank of England and the European Central Bank face growing pressure to tighten monetary policy to counteract the sustained energy shock.

Brent crude has recently climbed toward $100 per barrel, fueling a global bond sell-off and intensifying market expectations for a Federal Reserve interest rate hike in September. While previously less than 12% a week ago, fed funds futures now indicate a nearly 38% probability of a rate increase at next week's meeting, as U.S. crude inventories unexpectedly fell by 7.2 million barrels to their lowest level since 2018. Additionally, major central banks, including the Bank of England and the European Central Bank, are facing mounting pressure to tighten monetary policy as ongoing regional hostilities threaten to keep energy costs and inflation elevated.

Brent crude hit $100 a barrel on Thursday for the first time since late May, while the 10-year US Treasury yield rose to 4.65% and the 30-year yield climbed to 5.14%, marking its longest stretch above 5% since 2007. Amidst the escalating conflict, Fed funds futures are now pricing an 82% likelihood of a rate hike in September, a significant increase from the sub-53% odds seen a week ago. Additionally, US crude inventories saw a massive 7.2 million barrel draw, reaching their lowest level since 2018.

Brent crude has surged to hit $100 a barrel for the first time since late May, while the 10-year US Treasury yield rose to 4.65% and the 30-year yield climbed to 5.14%, marking its longest stretch above 5% since 2007. Amidst the escalating conflict, the US conducted its 13th consecutive night of strikes against Iran, as markets now price an 82% likelihood of a Fed rate hike in September, up from below 53% a week ago.

Brent crude prices hit $100 a barrel on Thursday for the first time since late May, while the 10-year US Treasury yield rose to 4.65% and the 30-year yield climbed to 5.14%, marking its longest stretch above 5% since 2007. Additionally, markets are pricing a 36% chance of a Fed rate hike at next week's meeting, up from less than 12% a week ago, as the probability for a September hike has surged to 82% according to CME's FedWatch tool.

Brent crude hit $100 a barrel on Thursday for the first time since late May, while US Treasury yields reached their highest levels of 2026. Market expectations for a US Federal Reserve rate hike in September have surged, with Fed funds futures now pricing in an 82% likelihood compared to below 53% a week ago. Additionally, the US and Saudi Arabia conducted joint airstrikes against Iran-backed groups in Iraq following drone attacks on Saudi oil facilities.

Brent crude hit $100 a barrel on Thursday for the first time since late May, contributing to a surge in market expectations for a US Federal Reserve rate hike. Fed funds futures are now pricing in an 82% likelihood of a rate hike at the September meeting, up significantly from below 53% just a week ago. Additionally, the 30-year US Treasury yield climbed to 5.14%, marking its longest stretch above the 5% threshold since 2007.

Brent crude has hit $100 a barrel for the first time since late May, while US Treasury yields have climbed to their highest levels of 2026. Concurrently, markets are pricing in a 36% chance of a Fed rate hike next week, and the 30-year real yield on US Treasury bonds has reached its highest level since 2008. Additionally, reports indicate that the US has conducted its 13th consecutive night of strikes against Iran.

Brent crude has hit $100 a barrel for the first time since late May, while US Treasury yields have surged to their highest levels of 2026. Consequently, markets are pricing in a significantly higher likelihood of a US Federal Reserve rate hike, with Fed funds futures indicating a 38% probability for next week’s meeting, up from less than 12% a week ago. Additionally, security concerns have intensified as the US and Saudi Arabia conducted joint airstrikes against Iran-aligned groups in Iraq, and the International Maritime Organization has warned that crossing the Strait of Hormuz is currently too dangerous.

Brent crude hit $100 a barrel on Thursday for the first time since late May, while US Treasury yields reached their highest levels of 2026. Amid escalating Middle East tensions, markets are now pricing a 36% chance of a Fed rate hike at next week's meeting, up from less than 12% a week ago. Additionally, the US conducted its 13th consecutive night of strikes against Iran, and the International Maritime Organization has warned that crossing the Strait of Hormuz is currently too dangerous.

Brent crude hit $100 a barrel on Thursday for the first time since late May, while US Treasury yields rose to their highest levels of 2026. In response to the escalating energy crisis, the US and Saudi Arabia launched a joint airstrike against Iran-aligned terrorists in Iraq following attacks on energy infrastructure and US forces. Meanwhile, the US Federal Reserve has kept its policy interest rate in the 3.50% to 3.75% range, though markets are now pricing in an increased likelihood of a rate hike as oil prices continue to surge.

Brent crude hit $100 a barrel on Thursday for the first time since late May, while US gasoline prices touched a monthly high of $4 per gallon. In response to the escalation, the US and Saudi Arabia launched a joint airstrike against Iran-aligned groups in Iraq, and the US government has sanctioned eight vessels and eight companies involved in transporting Iranian oil. Meanwhile, market expectations for a September Fed rate hike have surged, with Fed funds futures pricing in an 82% likelihood of an increase compared to below 53% a week ago.

Brent crude has jumped above $100 a barrel for the first time since late May, reaching as high as $101 before settling near $96. This surge, alongside rising US Treasury yields and the 30-year real yield hitting its highest level since 2008, has fueled market speculation regarding a potential US Federal Reserve rate hike, with Fed funds futures pricing a 38% probability for next week's meeting, up from less than 12% a week ago.

Brent crude has surged to hit $100 a barrel, while the US Federal Reserve has officially kept its policy interest rate within the 3.50% to 3.75% range. Concurrently, the US and Saudi Arabia conducted a joint airstrike against Iran-aligned terrorists in Iraq following attacks on Saudi energy infrastructure and US forces. In the maritime sector, the International Maritime Organization has warned that crossing the Strait of Hormuz is currently too dangerous.

Brent crude prices have surged to hit $100 a barrel for the first time since late May, while US Treasury yields have climbed to their highest levels of 2026. Consequently, market expectations for a US Federal Reserve rate hike in September have increased significantly, with Fed funds futures now pricing in an 82% likelihood of a hike, up from below 53% a week ago. Additionally, the risk of regional escalation has intensified following joint US-Saudi airstrikes in Iraq and reports of Houthi attacks on Saudi oil tankers in the Red Sea.

Brent crude hit $100 a barrel on Thursday for the first time since late May, significantly surpassing its recent $93 level as geopolitical tensions escalate. Amid this surge, the US Federal Reserve maintained its interest rate in the 3.50% to 3.75% range, even as three members of the committee voted for a hike. Additionally, US crude oil inventories experienced an unexpected decline of 7.2 million barrels, reaching their lowest level since 2018.

Brent crude hit $100 a barrel on Thursday for the first time since late May, while US crude inventories unexpectedly fell to a 7.75-year low of 404.5 million barrels. Amidst these energy shifts, the US Federal Reserve held its policy interest rate steady in the 3.50% to 3.75% range, though three members voted in favor of a hike. Additionally, the US and Saudi Arabia conducted a joint airstrike against Iran-aligned groups in Iraq following attacks on Saudi energy infrastructure.

Brent crude hit $100 a barrel on Thursday for the first time since late May, although it subsequently fell to $96 on Friday. Amidst this volatility, the US Federal Reserve has held its policy interest rate steady in the 3.50% to 3.75% range, with three members voting in favor of an increase. Meanwhile, US crude oil inventories unexpectedly fell by 7.17 million barrels to a 7.75-year low as of July 24.

Brent crude hit $100 a barrel for the first time since late May, while the US Federal Reserve's September rate hike odds surged to 82% as oil prices topped the $100 mark. Additionally, the US 30-year Treasury yield climbed to 5.14%, marking its longest stretch above 5% since 2007, and the 10-year yield reached 4.65%.

Brent crude hit $100 a barrel on Thursday for the first time since late May, driving the likelihood of a US Federal Reserve rate hike in September to 82%, up from below 53% a week ago. Additionally, US Treasury yields reached their highest levels of 2026, with the 30-year real yield hitting its highest point since 2008 and the 10-year yield climbing to 4.65%.

Brent crude prices have surged to reach $100 a barrel, driving US Treasury yields to their highest levels of 2026 and significantly increasing expectations for a Federal Reserve rate hike. While the Fed kept interest rates in the 3.50% to 3.75% range during its July meeting with three members voting for an increase, markets are now pricing in an 82% likelihood of a hike in September. Additionally, recent geopolitical escalations include US and Saudi-led airstrikes in Iraq and reports of Houthi rebels attacking Saudi oil infrastructure and tankers in the Red Sea.

Brent crude hit $100 a barrel for the first time since late May, driving a global bond sell-off and causing US Treasury yields to reach their highest levels of 2026. In response to the energy shock, Fed funds futures are now pricing a significant surge in rate hike expectations, with the likelihood of a September hike rising to 82% from under 53% a week ago. Additionally, the US Federal Reserve kept its policy interest rate steady at 3.50% to 3.75% during its July meeting, though three members voted in favor of an increase.

Brent crude hit $100 a barrel on Thursday before retreating to $96 on Friday, while US Treasury yields reached their highest levels of 2026 and the 30-year real yield reached its highest level since 2008. Markets are now pricing a 38% probability of a US Federal Reserve rate hike at next week's meeting, up from less than 12% a week ago, alongside an 82% likelihood of a hike in September. Additionally, US commercial crude inventories fell by 7.2 million barrels to 404.5 million barrels, marking a 7.75-year low.

Brent crude has surged to $100 a barrel for the first time since late May, while US 10-year Treasury yields rose to 4.70% and the 30-year yield climbed to 5.14%, marking its longest stretch above 5% since 2007. Amid escalating Middle East tensions, US Federal Reserve funds futures now price in an 82% likelihood of a rate hike in September, a significant jump from the sub-53% seen a week ago. Additionally, the US military conducted a heavy wave of strikes against IRGC targets following attempted missile attacks on US forces in Jordan.

Brent crude futures rose 1.4% to $84.95 per barrel following a previous 7% drop. In broader markets, the Dow Jones Industrial Average reached a new all-time high at closing, while the S&P 500 and Nasdaq rose 1.48% and 2.13%, respectively. Additionally, the US ISM Manufacturing PMI for July reached 55.6, exceeding market expectations.

Market expectations for a September Fed rate hike surged to 82%—up from below 53% a week ago—as Brent crude briefly hit $100 per barrel, its highest since late May, with the 10-year Treasury yield rising to 4.65% and the 30-year yield climbing to 5.14%, its longest stretch above 5% since 2007; meanwhile, US jobless claims fell to 187,000, the lowest since 1969, reinforcing concerns that inflation pressures from energy prices could override recent softer CPI data.

Following the Federal Reserve's July meeting, where rates were held steady but three policymakers voted for a hike, market expectations for a September rate increase surged to 82%—up from below 53% a week earlier—as Brent crude briefly topped $100 per barrel and the 10-year Treasury yield rose to 4.65%, its highest since January 2025, with Fed funds futures now pricing in a nearly 38% chance of a hike as early as next week.

Following the Federal Reserve's decision to hold rates steady at 3.50%-3.75% in July, odds of a September rate hike surged to 82%—up from below 53% a week earlier—as Brent crude briefly topped $100 per barrel, with the 10-year Treasury yield rising to 4.65% and the 30-year yield hitting 5.14%, its highest since 2007; meanwhile, US crude inventories fell by 7.2 million barrels to a seven-year low, far exceeding expectations, and gasoline prices nationwide reached $4 per gallon, the highest in over a month.

Fed funds futures now price in an 82% chance of a September rate hike—up from under 53% a week ago—after Brent crude surged past $100 per barrel for the first time since late May, while the 10-year Treasury yield climbed to 4.65% and the 30-year yield hit 5.14%, its longest stretch above 5% since 2007; earlier, the odds of a hike at next week’s meeting had risen to 38% from under 12%, and the US jobless claims dropped to 187,000, the lowest since 1969, reinforcing inflation concerns.

Following the Federal Reserve's July meeting, where rates were held steady but three policymakers voted for a hike, market expectations for a September rate increase surged to 82%—up from below 53% a week earlier—as Brent crude hit $100 a barrel for the first time since late May, driving bond yields to multi-year highs and resetting inflation and monetary policy forecasts.

Fed funds futures now price in an 82% chance of a September rate hike—up from under 53% a week ago—after Brent crude surged past $100 a barrel for the first time since late May, with the 10-year Treasury yield climbing to 4.65% and the 30-year yield hitting 5.14%, its longest stretch above 5% since 2007; meanwhile, initial U.S. jobless claims fell to 187,000, the lowest since 1969, reinforcing views that inflation pressures may override labor market strength in the Fed’s policy calculus.

Following the Federal Reserve's July decision to hold rates steady at 3.50%-3.75%, market expectations for a September rate hike surged to 82%, up from below 53% a week earlier, as Brent crude hit $100 per barrel for the first time since late May — a level that has reset inflation and monetary policy forecasts globally, with the 10-year Treasury yield climbing to 4.65% and the 30-year yield reaching 5.14%, its highest since 2007.

Brent crude surged past $100 a barrel on Thursday for the first time since late May, pushing Fed funds futures to price in an 82% chance of a September rate hike — up from under 53% a week earlier — while the 10-year Treasury yield climbed to 4.65% and the 30-year yield hit 5.14%, its longest stretch above 5% since 2007; meanwhile, US crude inventories plunged by 7.2 million barrels to a seven-year low, far exceeding expectations, and oil-driven inflation fears prompted the Bank of England and ECB to signal potential rate hikes, despite the Fed holding rates steady last week with three members voting to raise them.

Markets now price an 82% chance of a Fed rate hike in September, up from below 53% a week ago, as Brent crude surged past $100 per barrel for the first time since late May — a level that has also driven the 10-year Treasury yield to 4.65% and the 30-year yield to 5.14%, its longest stretch above 5% since 2007.

Fed funds futures now price in an 82% chance of a September rate hike—up from below 53% a week ago—after Brent crude surged past $100 a barrel for the first time since late May, with the 10-year Treasury yield rising to 4.65% and the 30-year yield hitting 5.14%, its longest stretch above 5% since 2007; this marks a sharp reversal from last week’s lower odds and intensifies market expectations that inflation pressures from the Middle East conflict will force the Fed to act despite holding rates steady in July, when three policymakers nonetheless voted for an increase.

Following the US Federal Reserve's July meeting where rates were held steady, odds of a September rate hike surged to 82%—up from below 53% a week earlier—as Brent crude briefly hit $100 a barrel, with Fed funds futures now pricing in a nearly 38% chance of a hike at the next meeting, and the 10-year Treasury yield climbing to 4.65% while the 30-year yield hit 5.14%, its longest stretch above 5% since 2007.

Following the Federal Reserve's July meeting, where rates were held steady but three policymakers voted for a hike, market expectations for a September rate increase surged to 82%—up from below 53% a week earlier—as Brent crude briefly topped $100 a barrel and the 10-year Treasury yield climbed to 4.65%, its highest since January 2025, while Fed funds futures now price in a nearly 38% chance of a hike as early as next week, up from under 12% a week ago.

Following the US Federal Reserve's July meeting, where rates were held steady but three policymakers voted for a hike, market expectations for a September rate increase surged to 82%—up from below 53% a week earlier—as Brent crude briefly hit $100 per barrel, reinforcing fears that elevated energy prices will prolong inflation and delay Fed rate cuts, with futures now pricing in nearly a 38% chance of a hike as early as next week.

Brent crude surged past $100 a barrel on Thursday — a level not seen since late May — before retreating to $96, triggering a sharp reassessment of Fed rate expectations: futures now price an 82% chance of a September hike, up from under 53% a week earlier, while the probability of a next-week hike jumped to 38% from under 12%, driven by rising inflation fears and a global bond sell-off that pushed the 10-year Treasury yield to 4.65% and the 30-year yield to 5.14%, its longest stretch above 5% since 2007.

Following the Fed's July meeting where rates were held steady, market expectations for a September rate hike surged to 82%—up from below 53% a week earlier—as Brent crude hit $100 a barrel for the first time since late May, with the 10-year Treasury yield rising to 4.65% and the 30-year yield climbing to 5.14%, its longest stretch above 5% since 2007.

Following the US Federal Reserve's July meeting, where rates were held steady at 3.50%-3.75%, odds of a September rate hike surged to 82%—up from below 53% a week earlier—as Brent crude briefly topped $100 per barrel and Treasury yields hit multi-year highs, with the 10-year yield rising to 4.65% and the 30-year yield climbing above 5.14% for the first time since 2007.

Following the US Federal Reserve's July meeting, where rates were held steady at 3.50%-3.75% but three policymakers voted for a hike, market expectations for a September rate increase surged to 82%—up from under 53% a week earlier—as Brent crude briefly topped $100 per barrel, reinforcing fears that elevated energy costs will prolong inflation and delay Fed rate cuts.

Following the Fed's July meeting where rates were held steady, market expectations for a September rate hike surged to 82%—up from under 53% a week earlier—as Brent crude hit $100 a barrel for the first time since late May, driving bond yields to multi-year highs and resetting inflation and monetary policy expectations globally.