US stock futures gain as Treasury yields ease after bond sell-off

US stock futures rose as Treasury yields steadied after a sharp bond sell-off. Elevated borrowing costs and limited progress in Trump-Xi talks kept market sentiment cautious.Stock photo used for illustrationNewyork,Sep 25, 2026 17:58 ISTUS stock index futures rose on Friday as the bond market showed signs of stabilising after another sell-off pushed US Treasury yields to their highest levels in years. Futures for the S&P 500 rose 0.3 per cent, Dow Jones Industrial Average futures gained 0.2 per cent and Nasdaq futures climbed 0.5 per cent.The moves came after a global bond market sell-off added fresh pressure on equities, while investors also tracked lower oil prices and the meeting in Washington between US President Donald Trump and Chinese President Xi Jinping. Analysts said the meeting delivered limited concrete progress, though the two sides discussed trade, artificial intelligence and the Middle East.The Dow is down 0.6 per cent so far this week, putting it on course for a fourth straight weekly loss. The yield on the US 10-year Treasury, which had climbed above 5.20 per cent on Thursday from about 5.11 per cent on Wednesday, eased slightly to around 5.18 per cent on Friday. Even so, the 10-year Treasury yield has risen 40 basis points since September, increasing pressure on borrowers.Government bond yields have stayed high as investors seek greater compensation amid rising risks and uncertainty, including growing inflationary pressure from the Iran war-driven energy shock and rising US government debt. ING Bank analysts said in a commentary this week that factors such as elevated energy prices and inflation pressures are likely to keep pushing US 10-year Treasury yields higher. Oil prices fell on Friday as investors looked for signs of the reopening of the Strait of Hormuz, a key route for global oil transport. Brent crude, the international benchmark, dropped 1.4 per cent to USD 98.83 a barrel, staying below the USD 100 mark but still well above the roughly USD 72 level seen in late February before the war began. Benchmark US crude fell 1.7 per cent to USD 92.97 per barrel.In Europe, Britain's FTSE 100 rose 0.3 per cent to 10,707.98. France's CAC 40 slipped 0.1 per cent to 8,074.83, while Germany's DAX gained 0.6 per cent to 25,417.28. Some Asian markets were mixed, while mainland China, Taiwan and South Korea were shut for a holiday. In currency trading, the US dollar fell to 157.77 Japanese yen from 158.86 yen, while the euro rose to USD 1.1402 from USD 1.1380. Overall, markets remained focused on bond yields, oil prices and global policy signals, with US futures edging higher even as elevated borrowing costs and broader uncertainty continued to shape sentiment.With PTI Inputs- Ends