Treasury Yields Increase, Dollar Hits Near 3-Week High -- Market Talk

1023 GMT - Treasury yields continue to rise, with the 10-year yield hitting near three-year high, while the dollar reaches its highest in nearly three weeks as rising oil prices add to expectations for higher U.S. interest rates. "Federal Reserve Governor Michael Barr stated that he would support an interest-rate hike should inflation fail to moderate," Exness' Christopher Tahir says in a note. More comments like this from other Fed officials could further bolster yields and the currency, the strategist says. Middle East tensions add to this narrative, reviving inflation concerns, he says. The DXY dollar index rises to a high of 99.847. The 10-year Treasury yield reaches 4.818%, according to LSEG. (emese.bartha@wsj.com)

(END) Dow Jones Newswires

September 02, 2026 06:23 ET (10:23 GMT)