Market Update: Treasury Yields, Oil Prices, and WNBA Business Growth

This segment provides a midday market update focusing on the sell-off in Treasuries pushing stocks lower as the final quarter begins. It analyzes the impact of soaring bond yields on mortgage rates and explores how oil price volatility is affecting inflation expectations and global trade dynamics.

■ Market Performance and Bond Yields
- Dow Jones, S&P 500, and Nasdaq declines led by Disney shares
- 10-year Treasury yield hitting a 24-year high above 5.3%
- Impact on average 30-year fixed home loan rates reaching 7.6%

■ Oil Prices and Inflation Concerns
- Oil prices hovering near triple digits with China suspending exports
- Goldman Sachs and JP Morgan estimates on crude recovery levels
- Effects on inflation expectations and the potential resumption of broadening trades

■ Sports Business and Upcoming Data
- WNBA playoff ratings records and Caitlyn Clark's Nike signature shoe launch
- Preview of the upcoming September employment report from the Labor Department

Viewers will gain insight into current market pressures, the interplay between energy costs and interest rates, and emerging trends in sports business valuation.