US Futures Drop on Surging Bond Yields
2026-08-18 07:04
By
Jam Kaimo Samonte
1 min. read
US stock futures declined on Tuesday as global bond yields surged to multi-year highs amid mounting concerns over massive government spending and persistent inflationary pressures.
The 10-year US Treasury yield climbed toward 4.75%, approaching its highest level since January 2025, while the 30-year yield rose to its highest since 2007.
Markets also remained concerned about persistent tensions in the Middle East and rising oil prices amid fading prospects for a new peace agreement between the US and Iran, while efforts to reopen the Strait of Hormuz remained deadlocked.
In regular trading on Monday, the Dow fell 0.51%, the S&P 500 declined 0.52% and the Nasdaq Composite lost 0.32%.
Ten of the 11 S&P sectors ended lower, led by communication services, consumer staples and financials.
Investors now turn their attention to retail earnings from Home Depot, Lowe’s and Walmart due this week for fresh insights into consumer strength.