Oil Rise Spurs Fresh Selling in Stocks and Bonds: Markets Wrap

Markets Contact us:Provide news feedback or report an error Confidential tip?Send a tip to our reporters Site feedback:Take our Survey By Andre Janse Van Vuuren and Anand Krishnamoorthy October 7, 2026 at 10:03 PM UTC Updated on October 8, 2026 at 7:34 AM UTC A rise in oil prices prompted a fresh round of selling in bonds and stocks as even a record profit from chipmaking heavyweight Samsung Electronics Co. failed to muster demand for riskier assets. Brent crude rose more than 3% to top $103 a barrel on a report challenging widespread assumptions that President Donald Trump would hold off on escalating the conflict with Iran before the midterm elections. Bond yields climbed, with the 10-year Treasury yield up four basis points to 5.32%. The premium on 10-year French yields over their German counterparts rose to 140 basis points.