Global markets decline as oil prices and bond yields rise
after close1 source ↓written by the desknot a recommendation
- surged
- 2.5%
- amid escalating US-Iran
- $109.60
- hitting
- 10-year Treasury yield
- hitting
- 5.23%
- reached
- 30-year yield
Global markets are under pressure as Brent crude surged 2.5% to $109.60 amid escalating US-Iran tensions, raising concerns over oil supply disruptions. Concurrently, US bond yields remain elevated, with the 10-year Treasury yield hitting 5.23%, the highest since 2007. This environment is increasing financing costs for technology firms heavily investing in AI.
• 30-year yield reached 5.53%
• US Dollar Index up 0.1% at 101.1
• Gold fell 2.1% to $4,196 per ounce
Not investment advice. For informational purposes only.