Markets await with rising US Treasury yields
Financial markets anticipate stability amid rising U.S. Treasury bond yields and geopolitical developments. American stocks showed mixed results following reports of negotiations between Washington and Tehran to de-escalate tensions. Oil prices surged by over 3% after the Houthi attack on Saudi Arabia. Meanwhile, the 30-year U.S. Treasury bond yield hit its highest level since 2004. In Europe, markets closed lower, with the Stoxx 600 index down 0.6%, amid continued political tensions and rising oil prices. In Asia, Japanese stocks gained, led by computer component shares after Meta announced a new AI-powered device, although rising Japanese bond yields heightened inflation concerns.
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