2026-11-06 04:37:00
Oil Price Surge Could Push U.S. Interest Rates Significantly Higher, Bank of America Securities Says
According to Bank of America Securities research released November 6, if crude and refined oil prices continue rising over the next three to six months, interest rates could increase substantially. U.S. two-year nominal interest rate swaps have risen 113 basis points year-to-date; on trading days wh