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The yield on the two-year U.S. Treasury note rose to 4.286%, its highest level since July 31.

2026-08-28

The yield on the two-year U.S. Treasury note rose to 4.286%, its highest level since July 31.

Other News
2026-08-28

At the opening of the morning session, most domestic futures contracts rose, with SC crude oil up over 4%, coking coal, low-sulfur fuel oil (LU), and soybean oil up nearly 2%, and coke, ferrosilicon, silver, palladium, propylene, soybean meal, and le

At the opening of the morning session, most domestic futures contracts rose, with SC crude oil up over 4%, coking coal, low-sulfur fuel oil (LU), and soybean oil up nearly 2%, and coke, ferrosilicon, silver, palladium, propylene, soybean meal, and lead all up over 1%. On the downside, pulp fell over 1%, and stainless steel (SS), soybean meal, and zinc fell nearly 1%.
2026-08-28

The UAE formally left OPEC and OPEC+ on May 1; it had been the fourth-largest producer in OPEC+. After the exit, UAE crude output rose to over 3.8 mln b/d in June, near record highs and the highest since April 2020, indicating it is using freedom fro

The UAE formally left OPEC and OPEC+ on May 1; it had been the fourth-largest producer in OPEC+. After the exit, UAE crude output rose to over 3.8 mln b/d in June, near record highs and the highest since April 2020, indicating it is using freedom from quota constraints to expand production. By contrast, Venezuela—despite holding the world’s largest proven oil reserves—remains hampered by sanctions, underinvestment, aging equipment and infrastructure, limiting its ability to convert reserves into near-term output.
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