Shares of financial services companies are trading lower as surging oil prices and Treasury yields weigh on sentiment, with the 10-year U.S. Treasury yield climbing to its highest level since January 2025. Rising yields and energy prices have fueled inflation concerns, reinforcing expectations that interest rates will remain elevated and raising concerns about slower loan demand and economic growth.

Shares of financial services companies are trading lower as surging oil prices and Treasury yields weigh on sentiment, with the 10-year U.S. Treasury yield climbing to its highest level since January 2025. Rising yields and energy prices have fueled inflation concerns, reinforcing expectations that interest rates will remain elevated and raising concerns about slower loan demand and economic growth.