Dollar Takes Some of Its Strength from Higher Treasury Yields -- Market Talk
Dow Jones2026/09/01 11:541154 GMT - The U.S. dollar is rising, benefiting from higher Treasury yields. "It [the dollar] often does better when U.S. rates are rising unlike many of the other major currencies," Bannockburn Capital Markets' Marc Chandler says in a note. Adding to the dollar's gains is the escalation of the Middle East situation between the U.S. and Iran, which drives oil prices higher. The dollar benefits from this both because the U.S. is an oil exporter and because of the currency's safe-haven role. The DXY dollar index rises 0.2% to 99.590. The 10-year U.S. Treasury yield earlier hit 4.792%, its highest since January 2025, according to LSEG data.(emese.bartha@wsj.com)
(END) Dow Jones Newswires
September 01, 2026 07:54 ET (11:54 GMT)
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EIA expects Brent crude spot prices to remain at $100 per barrel for the rest of the year and raises the average price forecasts for this year and next.
The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.

