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Jobless Claims Rise Amid Surging Oil Prices, Stable Yields

3/26/2026

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Story summary
  • U.S. initial jobless claims rose to 210,000, signaling a stable labor market as yields and the dollar rose.
  • The Treasury will auction seven-year bonds after weak demand for shorter-term notes.
  • Oil prices surged 4% amid ongoing Middle East hostilities, fueling inflation concerns.
  • Bas Kooijman of DHF Capital said high energy prices may delay Federal Reserve rate cuts, keeping rates unchanged.
  • The 10-year Treasury yield rose to 4.384%.