U.S. Treasury Yields Rise as Investors Monitor Middle East Conflict
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 04 2026
0mins
Source: CNBC
- Rising Treasury Yields: As of 6:37 a.m. ET, the benchmark 10-year Treasury yield increased by over 2 basis points to 4.084%, while the 30-year yield also rose by 2 basis points to 4.732%, indicating heightened market focus on upcoming economic data.
- Short-Term Bond Fluctuations: The 2-year Treasury yield also climbed 2 basis points to 3.52%, reflecting investor caution regarding short-term economic outlook amid ongoing Middle East tensions.
- Middle East Tensions Impact: The ongoing U.S.-Iran conflict has investors worried about a potential spike in oil prices leading to inflation, although President Trump’s announcement of risk insurance for maritime trade in the Persian Gulf aims to alleviate market fears.
- Economic Data Expectations: Investors are closely watching the upcoming ADP private payroll report, with forecasts predicting an addition of 48,000 jobs in February, a significant increase from January's 22,000, which could bolster confidence in economic recovery.
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Analyst Views on XOM
Wall Street analysts forecast XOM stock price to fall
19 Analyst Rating
12 Buy
7 Hold
0 Sell
Moderate Buy
Current: 136.280
Low
114.00
Averages
132.17
High
158.00
Current: 136.280
Low
114.00
Averages
132.17
High
158.00
About XOM
Exxon Mobil Corporation is an energy provider and chemical manufacturer. The Company’s principal business involves exploration for, and production of, crude oil and natural gas; the manufacture, trade, transport and sale of crude oil, natural gas, petroleum products, petrochemicals and a wide variety of specialty products; and pursuit of lower-emission and other new business opportunities, including carbon capture and storage, hydrogen, lower-emission fuels, Proxxima systems, carbon materials, and lithium. Its Upstream segment explores for and produces crude oil and natural gas. The Energy Products, Chemical Products, and Specialty Products segments manufacture and sell petroleum products and petrochemicals. Energy Products segment includes fuels, aromatics, and catalysts and licensing. Chemical Products segment consists of olefins, polyolefins, and intermediates. Specialty Products segment includes finished lubricants, basestocks and waxes, synthetics, and elastomers and resins.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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- Refinery Operations: U.S. refiners are operating at maximum capacity, leading to tight gasoline supplies that prevent the quick conversion of cheaper crude into finished gasoline, thereby keeping retail prices high and reflecting a supply-demand imbalance in the market.
- Geopolitical Risks: Croft noted that ship traffic through the Strait of Hormuz remains below normal levels, averaging about 40 vessels per day compared to over 100 pre-tension, suggesting that geopolitical uncertainties may continue to impact energy prices.
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See More
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See More
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See More
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- Global Resource Allocation: Operating in over 56 countries, ExxonMobil sources most of its oil and gas from the U.S., but by expanding in the Permian Basin and increasing production in high-growth markets across Latin America, it effectively reduces dependence on the Middle East, enhancing its competitive position.
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See More
