University of Michigan consumer sentiment index

Ten-year Treasury yield stays above 5% through Wall Street's Hormuz rally

Ten-year Treasury yields stayed in the 5.1% range on Sept. 25 while the S&P 500 rose 0.51% on hopes Iran will reopen the Strait of Hormuz. Oil largely drove the bond selloff, so those talks also decide whether 5% holds as the baseline for borrowing costs.