Tanker Attacks Push Oil and Yields Higher

Two loaded Saudi oil supertankers were struck by projectiles late Monday while leaving the Strait of Hormuz. Brent crude moved above 91 dollars, and a global bond selloff pushed the 10-year Treasury yield near 4.79% and the two-year yield to 4.35% early Tuesday.

For the Fly High universe, the combined oil-and-rate shock can squeeze borrower earnings and property cash flow while raising refinancing costs and pressuring mortgage-REIT book values. Floating-rate income may support BDC earnings while short rates stay high, but borrower stress can offset that benefit. Earnings remain the primary dividend-support signal; credit, funding and book value are supporting evidence.

Watch whether tanker passage deteriorates and whether today’s JOLTS and manufacturing reports reinforce the bond move. Market prices alone do not establish a change in dividend capacity.

Sources

• Associated Press, oil and bond selloff, September 1, 2026
• Reuters, tanker attacks in the Strait of Hormuz, September 1, 2026
• U.S. Bureau of Labor Statistics, September 2026 release schedule
• Federal Reserve Bank of New York, September economic indicators calendar

This article is general information, not personalized investment advice. Fly High Investing may hold securities discussed in this article.