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Regulation

WTI Crude Falls to Lowest Level Since Early September as Treasury Yields Fall

Image: TokenPost

WTI crude fell to $86.48 a barrel on Nov. 9, its lowest level since early September, while 10-year and 30-year U.S. Treasury yields also reached intraday lows. The oil and bond-market measures use different comparison windows. WTI’s low is measured against prices since early September, while the Treasury figures are lows within the Nov. 9 trading session. That makes the oil figure a longer-period comparison and the yield readings intraday lows. The update presents both movements as part of the same day’s market picture. The 10-year and 30-year yields each reached the lowest points of their session. The oil price also reached a defined low, at $86.48 a barrel. Together, the figures describe lower crude and lower yields across two Treasury maturities.

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