Market Information Friday 02 October 2026

US mortgage rates rose to 7.28%, their highest level in almost three years and the largest weekly increase in roughly four years, as Treasury yields continued climbing. The yield on a 10 year government bond has increased by more than 1.2 percentage points since the escalation of conflict in the Middle East, reflecting higher inflation expectations and expectations of additional Federal Reserve tightening. The rise in borrowing costs is further weakening housing affordability and reducing demand in the US housing market.

European governments are holding emergency discussions on releasing strategic diesel reserves as the United States presses allies to increase supplies and avoid potential restrictions on US diesel exports. Europe is estimated to hold up to 400 million barrels of diesel inventories and reserves, while Washington is reportedly seeking the release of roughly 120 million barrels over six months. The debate highlights growing concerns over fuel shortages, persistent inflationary pressures and energy security across advanced economies.

The United States announced plans for approximately $200 billion of energy-related investment from South Korea, including projects linked to LNG, power generation and nuclear energy. The initiative forms part of a broader $350 billion strategic investment framework and reflects a growing focus on strengthening energy security, expanding domestic infrastructure and reducing supply-chain vulnerabilities. The scale of the planned investment underscores the increasing role of industrial policy and energy security in shaping long-term economic growth.

The 6M Euribor decreased with 3 basis points to 3.07% compared to previous business day. The 10Y Swap decreased with 8 basis point to 3.61% compared to previous business day.

In the attachment, today’s market data on money and capital market rates as well as other rates are presented.