Markets · September 2, 2026 · 1 min read

10-Year Treasury Yield Hits 3-Year High as Iran Strikes Send Oil Past $90

Published September 2, 2026

Fresh U.S. strikes on Iran pushed WTI above $90 and drove the 10-year Treasury yield to 4.814%, its highest level since November 2023, as global bond and equity markets sold off.

**Benchmark yield jumps to 4.814%:** the 10-year Treasury yield touched 4.814% intraday Wednesday — its highest level since November 2023 — as a global bond selloff deepened. Germany's 10-year climbed to 3.39%, and Japan's 10-year government bond yield hit 3.01%, its highest since September 1996. **Oil tops $90 on renewed US-Iran strikes:** WTI crude surged above $90 a barrel after fresh U.S. military strikes against Iran reignited supply fears, pressuring global equities — Japan's Nikkei fell 2.95%, and U.S. stock futures opened lower (S&P 500 -0.2%, Nasdaq 100 -0.6%, Dow -66 pts).

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