Finance

The 10-year U.S. Treasury yield advanced to 5.31%, hovering near its highest mark in over two decades. Bond markets remained under pressure as investors evaluated a weaker-than-expected September employment report, which heavily altered short-term expectations for further Federal Reserve interest rate hikes.

Brent crude prices experienced volatile swings between $100 and $103 before settling lower at $100.32 per barrel. Oil prices cooled down slightly after a coordinated agreement by European nations to release roughly 100 million barrels of diesel and crude from reserves, temporarily offsetting global supply anxieties tied to the war involving Iran.

Bitcoin climbed back above the $86,000 threshold, opening the trading week with gains of more than 2%. The upward price action across major digital assets followed a recent cooling in energy prices and shift in market sentiment regarding the future trajectory of global interest rates.