# US Treasury Yields Ease as Oil Falls

> US Treasury prices rise after strong auction demand and oil price drop.
- Title: US Treasury Yields Ease as Oil Falls · Financialexpress
- Summary: US Treasury prices rise after strong auction demand and oil price drop. US Treasury yields eased from 24-year highs as a $39 billion 10-year note auction…
- Keywords: us treasury, oil prices, 10 year treasury auction, treasury yields, brent crude, dow jones, sp 500, nasdaq, fed minutes, mortgage rates, business, money
- Source: Financialexpress — https://financialexpress.com/market/global-markets/us-treasury-selloff-eases-as-oil-retreats-and-auction-draws-strong-demand/4356100
- Author: Aditi
- Published: 2026-10-08T01:01:04+00:00
- Read time: 1 min
- Topics: us treasury, oil prices, 10 year treasury auction, treasury yields, brent crude, dow jones, sp 500, nasdaq, fed minutes, mortgage rates, business, money
## US Treasury prices rise
US Treasury prices rose on Wednesday as yields eased from 24-year highs driven by strong demand at a $39 billion 10-year note auction and falling oil prices.
## Oil prices fall
Brent crude fell 0.5% to $100.09 a barrel while US crude dropped 1.1% to $88.32 a barrel.
## Treasury yields hit 24-year highs
The 10-year Treasury yield reached a 24-year high of 5.364% while the 30-year yield touched a 24-year high at 5.669%.
## Stock indexes end lower
The S&P 500 and Dow Jones Industrial Average ended their four-day winning streaks while the Nasdaq recorded its first fall in six sessions.
## Strong 10-year auction brings buyers
The $39 billion sale of 10-year Treasury notes triggered buying across the Treasury market despite concerns about rising US fiscal deficits.
## Fed minutes show rate hike debate
Fed minutes showed policymakers were divided over reasons for the latest rate increase with some believing it was needed to limit energy price impacts.
## Mortgage rates rise
The 30-year fixed mortgage rate surged to a near three-year high as Treasury yields rose.
## SpaceX financing report
SpaceX reportedly seeking $40 billion in financing for Nvidia chip purchases through bank loans and investment-grade debt.
## Earnings season begins
Third-quarter earnings season begins next week with investors watching for AI technology returns and US consumer health.
## Key takeaway

US Treasury yields eased from 24-year highs as a $39 billion 10-year note auction drew strong demand and oil prices fell.