Finance

Energy markets remain on edge following the termination of a ceasefire between the U.S. and Iran, which caused oil prices to rise by 4% over the past week. Investors are monitoring potential supply disruptions in the Strait of Hormuz, as the renewed conflict complicates global inflation outlooks and central bank policy.

The yield on 10-year U.S. Treasurys climbed to 4.56%, marking its highest level since late May 2026. This upward movement reflects growing market concerns that rising energy costs could force the Federal Reserve to maintain higher interest rates for a longer period than previously anticipated.

Bitcoin recently rallied back above the $64,000 mark, supported by a broad short squeeze and renewed inflows into spot Bitcoin ETFs. While the asset has faced significant pressure throughout the first half of 2026, recent cooling in U.S. labor market data has improved overall sentiment for risk-sensitive digital assets.