Brent Crude Surges to $100 Amid Rising Fed Rate Expectations

Brent crude oil prices surged to $100 per barrel on September 9, 2026, driven by rising market expectations of a potential interest rate hike by the Federal Reserve.

This increase coincided with a continued rise in bond yields, with the yield on the 2-year U.S. Treasury note reaching 4.42% and the 10-year yield hovering around 4.8%.

Tesla Inc.'s stock price rose by 1%, closing at $368.55, as investors showed confidence in growth-oriented companies despite changing economic conditions.