Dollar Rises on Surging Crude Prices and T-Note Yields
Published . Updated .
The dollar index (DXY00 ) rose by +0.14% on Tuesday, just below Monday’s 1.5-week high. Tuesday’s +4% surge in WTI crude oil prices raised inflation expectations and could persuade the Fed to tighten monetary policy, supporting the dollar. Also, Tuesday’s increase in the 10-year T-note yield to a 19-year high...
Directly affected
- No company is named in this report.
Indirectly affected
- TLT iShares 20+ Year Treasury Bond
Long-term bonds move when yields change
- IEF iShares 7-10 Year Treasury Bond
Treasury bonds move when yields change
- SHY iShares 1-3 Year Treasury Bond
Short-term bonds move when the Fed changes rates
- SPY SPDR S&P 500
Stocks move when the Fed changes the rate path
- XOM Exxon Mobil
Oil producers earn more when crude prices rise
- CVX Chevron
Oil producers earn more when crude prices rise
- JPM JPMorgan Chase
Bank profits move with lending and interest rates
- BAC Bank of America
Bank profits move with lending and interest rates
- GS Goldman Sachs
Bank profits move with lending and interest rates
- XLF Financial Select Sector SPDR
A fund of financial companies
Price reaction, T-5 to T+3
The dollar index (DXY00 ) rose by +0.14% on Tuesday, just below Monday’s 1.5-week high. Tuesday’s +4% surge in WTI crude oil prices raised inflation expectations and could persuade the Fed to tighten monetary policy, supporting the dollar.…
Source: Nasdaq Markets
Price since this story was published: United States Oil Fund (USO)
Since the first closing price after “Dollar Rises on Surging Crude Prices and T-Note Yields,” United States Oil Fund (USO) is +2.96%. The S&P 500 fund (SPY) is +1.66% over the same days, a +1.30% difference versus the market. energy stocks (XLE) is +5.85%, a -2.89% difference versus that group of stocks.
Who gains and who loses around United States Oil Fund (USO)
Companies tied to this story
- USO United States Oil Fund
United States Oil Fund (USO) is linked, with no stored direction, high confidence in the 15 Sep 2026 story “Dollar Rises on Surging Crude Prices and T-Note Yields.” Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
- BNO United States Brent Oil Fund
In “Dollar Rises on Surging Crude Prices and T-Note Yields,” United States Brent Oil Fund (BNO) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
- XLE Select Sector Spdr Tr
In “Dollar Rises on Surging Crude Prices and T-Note Yields,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
- XOP State Street Spdr S&P Oil & Gas Exploration & Production Etf
In “Dollar Rises on Surging Crude Prices and T-Note Yields,” State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
- GSG iShares S&P GSCI Commodity-Indexed Trust
iShares S&P GSCI Commodity-Indexed Trust (GSG) is linked, with no stored direction, medium confidence in the 15 Sep 2026 story “Dollar Rises on Surging Crude Prices and T-Note Yields.” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
- DBA Invesco Db Agriculture Fund
In “Dollar Rises on Surging Crude Prices and T-Note Yields,” Invesco Db Agriculture Fund (DBA) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
- MOO Vaneck Etf Trust
For “Dollar Rises on Surging Crude Prices and T-Note Yields,” Vaneck Etf Trust (MOO) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
- XME Spdr Series Trust
In “Dollar Rises on Surging Crude Prices and T-Note Yields,” Spdr Series Trust (XME) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
United States Oil Fund (USO) and the energy link
On 15 Sep 2026, “Dollar Rises on Surging Crude Prices and T-Note Yields” is the story that connects United States Oil Fund (USO) to Energy.
For United States Oil Fund (USO), the reason on file says Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
A second company, United States Brent Oil Fund (BNO), is listed for a different reason: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
Dates in the story, and the United States Oil Fund (USO) price range
BNO traded between 57.39 and 67.79 across 20 sessions. The latest close on file is 67.10. USO traded between 141.82 and 162.99 across 20 sessions. The latest close on file is 160.80. XLE traded between 60.95 and 68.51 across 20 sessions. The latest close on file is 67.80.
How strong the case is around United States Oil Fund (USO)
46 out of 100
“Dollar Rises on Surging Crude Prices and T-Note Yields” scores 46 out of 100. The score uses 1 sources, and 19 linked companies.