Oil Pulls Back, Takes Some Pressure off Interest Rates, Leaves the Greenback Slightly Softer
Marc Chandler
July 24, 2026
The price of crude oil is consolidating today after yesterday’s surge and this has taken some pressure off bond markets after several countries, including the US, saw 10-year yields rise to new highs for the year. The pullback in yields is also occurring despite unexpectedly strong preliminary July PMIs. Nevertheless, there are reports that sugges…
Oil Pulls Back, Takes Some Pressure off Interest Rates, Leaves the Greenback Slightly Softer
Reviewed by Marc Chandler
on
July 24, 2026
Rating:
Reviewed by Marc Chandler
on
July 24, 2026
Rating:
