US Treasury yields rose on uncertainty about the war and a weak auction of 2-year Treasury notes, also adding pressure to equity markets. But energy prices rose on Tuesday with crude oil futures settling up more than 4%. People are watching oil and watching interest rates and worrying do we go higher for longer on both energy and interest rates because that could start negatively impacting growth." Earlier a survey showed US business activity slowed to an 11-month low in March as the Middle East war raised prices for energy products and other inputs. Higher oil prices have revived inflation jitters and complicated the interest rate outlook for central banks.

Source: The Star March 25, 2026 04:32 UTC