Lates News

Due to the threat pose exhibited by Trump towards Iran in his primetime speech, oil prices were pushed higher and inflation concerns worsened, leading to a rise in US Treasury yields across the board. The two-year Treasury yield rose 4 basis points to 3.84%; the ten-year Treasury yield also rose 4 basis points to 4.36%. The US dollar strengthened against all G10 currencies. Naokazu Koshimizu, senior interest rate strategist at Nomura Securities in Tokyo, stated, "Trump's speech leaves some risks of possible war delays." He pointed out that due to the resilience of US economic data and sticky inflation, coupled with the turbulent situation, the market may increase bets on interest rate hikes, leading the Fed to hold a more cautious stance on monetary policy easing.