The oil prices are soaring, the Fed's interest rate is up next week, and the rate of return on United States debt is up in the year

On 23 July, as the threat of an escalation in the war in Iran pushed up oil prices, the United States Treasury's rate of return on its debt rose to its highest level in the year, and the market expected the Fed to increase interest rates as soon as possible next week. The rate of return on government debt for the two-year period, which is expected to be more affected by the Federal Reserve policy, rose by about 4 basis points on Thursday to about 4.34 per cent, the highest level since the beginning of 2025. The 10-year rate of return on national debt reached a new high in the year, rising to 5.19 per cent in the three-year period, slightly below its highest level since 2007. The price of Brent crude oil is slowly rising to $100 per barrel, as the Al-Houthi forces claim to have attacked merchant ships for the first time in recent months. This increase continues to press the US Treasury debt market and makes traders more likely to believe that the Fed, led by Walsh, will soon increase interest rates this year. Kim Xian