Small businesses on September inflation: Fuel, fuel, and more fuel (US10Y:)

Published 13 Oct 2026, 20:01 UTC. Updated 13 Oct 2026, 22:36 UTC.

Small businesses on September inflation: Fuel, fuel, and more fuel (US10Y:) Seeking Alpha

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
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
KRE SPDR S&P Regional Banking
Regional banks are sensitive to interest rates
IWM ISHARES TR
Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations.

Price reaction, T-5 to T+3

Ticker	T-5	T-3	T-1	T0	T+1	T+2	T+3
TLT	—	—	—	—	—	—	—
IEF	-0.35%	+0.01%	—	+0.12%	+0.30%	+1.02%	+1.10%
SHY	—	—	—	—	—	—	—
SPY	—	—	—	—	—	—	—
JPM	-0.96%	-0.92%	—	-0.91%	+0.22%	+0.29%	+1.53%
BAC	-0.84%	-1.80%	—	-1.14%	-5.79%	-5.30%	-6.13%
GS	+0.35%	-1.38%	—	-0.25%	-1.74%	-0.35%	-1.54%
XLF	—	—	—	—	—	—	—
KRE	—	—	—	—	—	—	—
IWM	—	—	—	—	—	—	—

Small businesses on September inflation: Fuel, fuel, and more fuel (US10Y:) Seeking Alpha

Source: Seeking Alpha

Price since this story was published: Ishares Tr (IWM)

Since the first closing price after “Small businesses on September inflation: Fuel, fuel, and more fuel (US10Y:),” Ishares Tr (IWM) is -0.04%. The S&P 500 fund (SPY) is -0.40% over the same days, a +0.36% difference versus the market.

Company	When	Move	Status
BAC	that day	-1.14%	final price
BAC	the next day	-5.79%	final price
BAC	two days later	-5.30%	final price
BAC	three days later	-6.13%	final price
BAC	three days earlier	-1.80%	final price
BAC	five days earlier	-0.84%	final price
Invesco Db Agriculture Fund (DBA)	that day	-0.02%	final price
Invesco Db Agriculture Fund (DBA)	the next day	-0.60%	final price
Invesco Db Agriculture Fund (DBA)	two days later	-0.47%	final price
Invesco Db Agriculture Fund (DBA)	three days later	-0.74%	final price
Invesco Db Agriculture Fund (DBA)	three days earlier	-0.30%	final price
Invesco Db Agriculture Fund (DBA)	five days earlier	+1.46%	final price
GS	that day	-0.25%	final price
GS	the next day	-1.74%	final price
GS	two days later	-0.35%	final price
GS	three days later	-1.54%	final price
GS	three days earlier	-1.38%	final price
GS	five days earlier	+0.35%	final price
Ishares Tr (IEF)	that day	+0.12%	final price
Ishares Tr (IEF)	the next day	+0.30%	final price
Ishares Tr (IEF)	two days later	+1.02%	final price
Ishares Tr (IEF)	three days later	+1.10%	final price
Ishares Tr (IEF)	three days earlier	+0.01%	final price
Ishares Tr (IEF)	five days earlier	-0.35%	final price
JPM	that day	-0.91%	final price
JPM	the next day	+0.22%	final price
JPM	two days later	+0.29%	final price
JPM	three days later	+1.53%	final price
JPM	three days earlier	-0.92%	final price
JPM	five days earlier	-0.96%	final price

IWM

SPY

Who gains and who loses around Ishares Tr (IWM)

Companies tied to this story

IWM Ishares Tr
Ishares Tr (IWM) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “Small businesses on September inflation: Fuel, fuel, and more fuel (US10Y:).” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
HYG Ishares Tr
Ishares Tr (HYG) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “Small businesses on September inflation: Fuel, fuel, and more fuel (US10Y:).” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
IEI Ishares Tr
For “Small businesses on September inflation: Fuel, fuel, and more fuel (US10Y:),” Ishares Tr (IEI) 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
UGA United States Gasoline Fund
For “Small businesses on September inflation: Fuel, fuel, and more fuel (US10Y:),” United States Gasoline Fund (UGA) 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
GSG iShares S&P GSCI Commodity-Indexed Trust
For “Small businesses on September inflation: Fuel, fuel, and more fuel (US10Y:),” iShares S&P GSCI Commodity-Indexed Trust (GSG) 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
DBA Invesco Db Agriculture Fund
For “Small businesses on September inflation: Fuel, fuel, and more fuel (US10Y:),” 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 “Small businesses on September inflation: Fuel, fuel, and more fuel (US10Y:),” 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 “Small businesses on September inflation: Fuel, fuel, and more fuel (US10Y:),” 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

Ishares Tr (IWM)

On 13 Oct 2026, “Small businesses on September inflation: Fuel, fuel, and more fuel (US10Y:)” is the story that connects Ishares Tr (IWM) to this story.

What ties Ishares Tr (IWM) to the headline is this: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

Ishares Tr (HYG) is here too. Its reason reads: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

Price levels for Ishares Tr (IWM)

HYG traded between 76.40 and 78.75 across 20 sessions. The latest close on file is 76.82. IEI traded between 113.03 and 114.41 across 10 sessions. The latest close on file is 113.99. IWM traded between 269.88 and 288.91 across 20 sessions. The latest close on file is 271.30.

A simple score for Ishares Tr (IWM)

46 out of 100

“Small businesses on September inflation: Fuel, fuel, and more fuel (US10Y:)” scores 46 out of 100. The score uses 1 sources, and 21 linked companies.