{"id":439688,"date":"2026-10-08T18:49:48","date_gmt":"2026-10-08T11:49:48","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/investinglive-european-session-wrap-yields-continue-to-soar-as-oil-surges-and-stocks-tumble-439688\/"},"modified":"2026-10-08T18:49:48","modified_gmt":"2026-10-08T11:49:48","slug":"investinglive-european-session-wrap-yields-continue-to-soar-as-oil-surges-and-stocks-tumble","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/investinglive-european-session-wrap-yields-continue-to-soar-as-oil-surges-and-stocks-tumble-439688\/","title":{"rendered":"investingLive European session wrap: Yields continue to soar as oil surges and stocks tumble"},"content":{"rendered":"<div>\n<p>Markets:<\/p>\n<ul>\n<li>10-year Treasury yields up 6 bps to 5.345%<\/li>\n<li>WTI crude up 4.1% to $92.60<\/li>\n<li>USD leads, AUD lags on the day<\/li>\n<li>Gold up 0.2% to $4,121<\/li>\n<li>European stocks lower; S&amp;P 500 futures down 0.6%<\/li>\n<li>Bitcoin down 1% to $82,451<\/li>\n<\/ul>\n<p style=\"text-align: justify\" class=\"text-align-justify\">Once again, investors are dealing with the same old story in markets in European morning trade today.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">The bond market continues to come under pressure and that is leading to a more negative risk backdrop while underpinning the dollar. At the same time, higher oil prices are only adding fuel to the fire in reigniting the &#8220;higher for longer&#8221; narrative amid worries about more persistent inflation risks.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">The standout remains long-end Treasury yields, with 10-year yields rising further to above 5.34% after the brief fall in late US trading yesterday. Meanwhile, 30-year yields also continue to stay near multi-decade highs above 5.70%. This continues the trend from earlier this week, with yields continuing to stay underpinned amid a multitude of reasons &#8211; from\u00a0mounting worries over the US fiscal outlook to\u00a0inflation uncertainty, leading investors to demand a higher premium for owning long-term bonds.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">In Europe, the pressure is also mounting with 10-year French bond yields surging up to 4.94% with 10-year German bond yields also nudging higher to 3.52%. France&#8217;s fiscal risks are continuing to threaten a broader spillover across the region and that is keeping the bond market very much on edge.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">Besides that, oil prices are also jumping higher today and that is keeping broader markets unsettled too. WTI crude is up over 4% to $92.60 and that is adding to inflation concerns in the bigger picture.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">As such, the overall risk mood is once again hampered by the latest moves today. The DAX is down by over 1% with the CAC 40 also posting roughly similar losses. Meanwhile, US futures are also dragged lower with S&amp;P 500 futures down by 0.6% and Nasdaq futures lower by 0.8% as higher yields continue to squeeze equity valuations alongside tighter financial conditions.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">In the major currencies space, the dollar is once again benefiting from the rise in Treasury yields. EUR\/USD is down 0.2% to 1.1175 after a brief rebound this week to above 1.1200, while USD\/JPY is up 0.2% to 158.27 on the day.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">Looking to the session ahead, the US weekly initial jobless claims will be in focus and that will be a watchful test on <a href=\"https:\/\/investinglive.com\/news\/economic-data-spotlight-us-jobless-claims-to-test-whether-weak-payrolls-are-turning-into-layoffs\/\" rel=\"follow\">whether the softer jobs report last week are turning into layoffs in Q4<\/a>.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">\n<p>                            This article was written by Justin Low at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Markets: 10-year Treasury yields up 6 bps to 5.345% WTI crude up 4.1% to $92.60 USD leads, AUD lags on the day Gold up 0.2% to $4,121 European stocks lower; S&amp;P 500&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-439688","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/439688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=439688"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/439688\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=439688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=439688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=439688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}