Brent reportedly nears $108 as October Fed rate-hike expectations climb
A September 28 post said Brent crude pushed toward $108 a barrel as hopes for US-Iran progress faded. It put the market-priced chance of an October Fed hike at roughly 68%, up from 17.7% a month earlier. Another commenter argued that repeated Iran headlines have dulled market reactions.
TLDR
A September 28 post said Brent crude pushed toward $108 a barrel, while US 10-year and 30-year Treasury yields touched their highest levels since 2007 and 2004, respectively. It reported Bitcoin below $83,000 as stocks and gold fell, and linked those moves to concerns that interest rates could stay higher for longer. Another commenter argued that repeated, sometimes reversed headlines about US-Iran negotiations have made markets less responsive to both escalation and apparent progress.
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