Key Highlights The U.S. 10-year Treasury yield briefly touched 5.2% on Thursday before settling at 5.163%, driven by Middle East conflict pushing oil and diesel prices higher and complicating the global inflation outlook. The ICE BofA MOVE Index ($MOVE) shows bond traders are paying significantly more for interest-rate volatility protection despite the S&P 500 rising ...
Key Highlights Bitcoin rallied from $75,000 to nearly $82,000 last week before stalling at resistance amid escalating Middle East tensions. The U.S. State Department warned of rapid escalation between Saudi Arabia and Iran-backed Houthis, prompting travel advisories and reported high-alert status for Iranian forces. Technical indicator TD Sequential flipped to a sell signal at $81,500, ...
Diesel Prices Surge Amid Middle East Tensions and Tight Refining Capacity Diesel prices are climbing sharply, driven primarily by escalating geopolitical tensions in the Middle East. The ongoing conflict involving the U.S., Israel, and Iran has disrupted crude oil flows and inflated risk premiums on refined products. Constrained refinery capacity worldwide, combined with robust demand ...