Rising Yields and Energy Risks Clash with Resilient Equity Markets
Fundamental Overview Global markets remain caught between elevated bond yields, escalating Middle East tensions and continued optimism surrounding artificial intelligence. US government borrowing costs remain a central concern, with the 10-year Treasury yield near 4.83% and the 30-year around 5.28% ahead of today’s bond auction. Attention now turns to the ECB, where markets expect a…