Oil Prices and Treasury Yields Fall Sharply

Oil prices fell sharply and Treasury yields slid as investors digested U.S. bond buybacks and an escalating trade dispute between the United States and Canada. Meanwhile, German economic growth beat expectations and the Chinese yuan strengthened.

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A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 24, 2026. REUTERS/Brendan McDermid

Brent Crude Oil fell below $90 a barrel on Monday, fueling a 0.3% rise on Wall Street and pushing Treasury yields down as trade tensions escalated. The drop comes as retaliatory tariffs between the United States and Canada rattle global commodity markets. Investors are recalibrating portfolios as fiscal policy debates in Washington intersect with shifting international trade barriers.

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