Finance

The 10-year U.S. Treasury yield hovered near 5.30%, remaining close to its highest levels in nearly two decades. Although a weaker-than-expected September employment report sharply reduced the perceived odds of an imminent Federal Reserve interest rate hike this month, long-dated yields continued to act as a primary headwind for equity valuations.

Global oil prices eased slightly, with Brent crude dipping near the $100-per-barrel threshold and U.S. crude falling toward $89 a barrel. The decline was largely spurred by an agreement from European nations to release roughly 100 million barrels of diesel and crude from emergency reserves, alleviating intense inflationary fears built up from ongoing geopolitical tensions.

Bitcoin climbed back above the $86,000 threshold on major spot exchanges, showcasing resilient positive momentum. The digital asset experienced substantial short-term buying pressure that triggered millions in short-position liquidations, though it still remains below the all-time highs established last year.