The US bond yields and the US dollar slightly weakened.

After the extension of the ceasefire agreement in the Middle East, the yield on US government bonds and the US dollar slightly decreased. However, due to continued uncertainty surrounding the conflict and energy price outlook, volatility remained limited. Bas Kooijman of DHF Capital said in a report, "President Donald Trump's extension of the current ceasefire agreement has reduced the immediate risk of escalation, but has made the broader outlook more uncertain." He mentioned that the continued closure of the Strait of Hormuz is not resolving issues with energy supply interruption, which could continue to pose risks for inflation and growth. Data from Tradeweb showed that the yield on 2-year US government bonds fell by 1.1 basis points to 3.768%, and the yield on 10-year US government bonds fell by 1.2 basis points to 4.280%. The DXY US dollar index declined by 0.1% to 98.329.