Midterm elections are approaching! UBSHistory as a guidethe Fed will not raise rates in October!

The U.S.-Iran conflict has pushed Brent crude oil prices up to around $106 per barrel, while the 10-year U.S. Treasury yield has also climbed to its highest level in nearly two decades. Traders are now closely watching whether soaring energy prices will make inflation stubborn, prompting the Federal Reserve to raise interest rates again in late October.