{"id":66673,"date":"2026-08-17T16:38:15","date_gmt":"2026-08-17T20:38:15","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-retreat-as-oil-surges-and-treasury-yields-hit-2007-highs\/66673\/"},"modified":"2026-08-17T16:38:15","modified_gmt":"2026-08-17T20:38:15","slug":"global-markets-retreat-as-oil-surges-and-treasury-yields-hit-2007-highs","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-retreat-as-oil-surges-and-treasury-yields-hit-2007-highs\/66673\/","title":{"rendered":"Global Markets Retreat as Oil Surges and Treasury Yields Hit 2007 Highs"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>Brent crude settled near $91 a barrel<\/strong>, sparking fears that persistent energy inflation will force the Federal Reserve to keep interest rates elevated for longer.<\/li>\n<li><strong>The 30-year Treasury yield climbed to 5.31%<\/strong>, reaching its highest level since 2007 amid concerns over rising U.S. debt and heavy issuance.<\/li>\n<li><strong><a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> (<a href=\"\/stock\/NVDA\">NVDA<\/a>) committed up to $105 billion<\/strong> in credit and hardware guarantees to back a massive OpenAI data-center project in Ohio.<\/li>\n<li><strong>Anthropic\u2019s annualized revenue run rate surpassed $65 billion<\/strong> in July, a sevenfold increase since late last year, as the AI firm prepares for a potential IPO.<\/li>\n<li><strong>Nasdaq (<a href=\"\/stock\/NDAQ\">NDAQ<\/a>) announced plans for 23\/5 trading<\/strong>, introducing a new 9 p.m. to 4 a.m. ET session starting December 6, 2026.<\/li>\n<\/ul>\n<h2>Market Selloff Driven by Energy and Geopolitics<\/h2>\n<p>Global stocks and bonds declined on Monday as <strong>Brent crude<\/strong> surged toward <strong>$91 a barrel<\/strong>, intensifying fears of a renewed inflationary spiral. The <strong><a href=\"https:\/\/stockmarketwatch.com\/indices\/sp500\/today\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&amp;P 500<\/a> (<a href=\"\/stock\/SPY\">SPY<\/a>)<\/strong> fell 0.5%, the <strong><a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average (<a href=\"\/stock\/DIA\">DIA<\/a>)<\/strong> dropped 0.5%, and the <strong>Nasdaq 100 (<a href=\"\/stock\/QQQ\">QQQ<\/a>)<\/strong> eased 0.2%. Investor sentiment soured after reports indicated that <strong>President Trump<\/strong> rejected extending a U.S.-Iran truce, raising the risk of prolonged disruptions in the <strong>Strait of Hormuz<\/strong>.<\/p>\n<p>The bond market faced significant pressure, with the <strong>30-year Treasury yield<\/strong> jumping five basis points to <strong>5.31%<\/strong>, its highest level in nearly two decades. This spike reflects growing investor anxiety over the sustainability of U.S. fiscal deficits and the heavy supply of new Treasury issuance. <em>Market participants are increasingly demanding higher risk premiums for long-duration debt as the neutral interest rate appears to be shifting higher.<\/em><\/p>\n<h2>AI Sector Remains a Resilient Bright Spot<\/h2>\n<p>Despite the broader market retreat, semiconductor stocks bucked the trend, gaining <strong>1.6%<\/strong>. <a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> (<a href=\"\/stock\/NVDA\">NVDA<\/a>) led the charge after confirming a massive financial commitment to support <strong>OpenAI<\/strong>. The chipmaker is providing up to <strong>$105 billion<\/strong> in guarantees for a data-center lease in Ohio, developed by <strong>SB Energy<\/strong>, a subsidiary of SoftBank (<a href=\"\/stock\/SFTBY\">SFTBY<\/a>). <a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> (<a href=\"\/stock\/NVDA\">NVDA<\/a>) also announced a <strong>$1.5 billion<\/strong> direct investment in SB Energy to secure infrastructure for its next-generation AI &quot;factories.&quot;<\/p>\n<p>In the private markets, <strong>Anthropic<\/strong> continues to show &quot;unprecedented&quot; growth. The company\u2019s revenue run rate hit <strong>$65 billion<\/strong> at the end of July, up from just <strong>$9 billion<\/strong> at the end of 2025. Anthropic, which recently filed for a confidential IPO, reportedly achieved positive adjusted operating income in the second quarter, further strengthening its valuation case as it prepares to debut on Wall Street as early as this fall.<\/p>\n<h2>Structural Shifts: 24-Hour Trading and Capital Flows<\/h2>\n<p>Nasdaq (<a href=\"\/stock\/NDAQ\">NDAQ<\/a>) is moving to redefine market access by introducing nearly continuous trading. Starting <strong>December 6, 2026<\/strong>, the exchange will offer a new overnight session from <strong>9 p.m. to 4 a.m. ET<\/strong>, effectively allowing the market to operate 23 hours a day, five days a week. <em>The move is aimed at capturing rising demand from international investors, particularly in Asia, who currently face time-zone barriers to trading U.S. equities.<\/em><\/p>\n<p>New <strong>Treasury International Capital (TIC)<\/strong> data for June revealed a shift in global holdings of U.S. debt. <strong>Japan\u2019s<\/strong> holdings fell to <strong>$1.117 trillion<\/strong>, while <strong>China\u2019s<\/strong> decreased to <strong>$633 billion<\/strong>. Despite these reductions by major central banks, total net TIC flows remained positive at <strong>$133.5 billion<\/strong>, supported by strong private sector demand for long-term U.S. securities, which saw net purchases of <strong>$172.7 billion<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Brent crude settled near $91 a barrel, sparking fears that persistent energy inflation will force the Federal Reserve [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[5012],"tags":[4462,5317,5822,6012,7528,8953,21745],"class_list":["post-66673","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","tag-brent-crude","tag-openai","tag-nvidia-nvda-stock-nvda","tag-treasury-yields","tag-nasdaq-ndaq-stock-ndaq","tag-tic","tag-anthropic-anthro-stock-anthro"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/66673","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=66673"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/66673\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50383"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=66673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=66673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=66673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}