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Global bonds set for worst month in years as yields stay elevated
Benchmark 10-year U.S. Treasury yields held near their highest since June 2007, while German and French 10-year yields hit 17-year and 18-year highs. Stocks were broadly resilient, with Asian shares higher and European indexes little changed.
EIA raises 2026 oil price outlook after Middle East output losses
The EIA now expects Brent crude to average about $91 a barrel in 2026 and WTI $84.65, both higher than its prior forecast. The agency said global oil stocks have fallen by an estimated 400 million barrels this year and cited reduced Middle East production and exports.