Oil prices fall as U.S. Treasury yields trade mixed and the dollar edges higher
2026-07-06 12:58
Odaily Planet Daily News According to Gate data, the U.S. dollar index is currently up 0.2%. The 10-year U.S. Treasury yield is at 4.459%, higher than Thursday's closing level of 4.447%. The two-year U.S. Treasury yield fell from 4.130% to 4.108%.
As U.S. markets reopened after the holiday, a Middle East peace agreement remains elusive, and last week's labor indicators were disappointing. U.S. Treasury yields were mixed, while the dollar edged slightly higher. Meanwhile, OPEC+ has agreed to increase output, putting downward pressure on oil prices. The Federal Reserve's meeting minutes are set to be released on Wednesday, and the economic data calendar remains relatively quiet this week.
