P&G Set for Quarterly Earnings Amid Rising Yields and Oil Prices

Procter & Gamble (NYSE:PG) is a household name in consumer staples, and its upcoming quarterly earnings report in late October will be closely watched.

The company's chief financial officer recently addressed the Barclays Global Consumer Staples Conference, where management discussed demand, pricing, and costs.

The macro backdrop is challenging for defensive equities, with Treasury yields at multi-year highs and oil prices surging after the administration rejected Iranian terms tied to the strait.