Treasury Yields Tick Higher with Oil, Data Support Hawkish Fed -- Market Talk

Dow Jones06-04 03:47

1547 ET - Treasury yields and the dollar rise alongside oil prices and the U.S.-Iran ceasefire looks increasingly fragile and the Hormuz waterway remains closed. ADP reports robust U.S. private-sector job creation in May, supporting bets on a Fed hike. The Fed's Beige Book shows mixed signals. "We may be at a crossroads, as credit conditions appear to be weakening," LPL Financial's Jeffrey Roach writes about the central bank's assessment. Jobless claims are expected to be unchanged, in a WSJ consensus. The WSJ Dollar Index rises 0.3%. The 10-year yield adds 0.036 percentage point to 4.491% and the two-year rises 0.034 p.p. to 4.084%. (paulo.trevisani@wsj.com; @ptrevisani)

(END) Dow Jones Newswires

June 03, 2026 15:47 ET (19:47 GMT)

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