Finance

The yield on the 10-year U.S. Treasury note advanced to 5.31%, hovering near its highest territory since 2002. Persistent economic strength and ongoing concerns over high baseline inflation have sustained upward pressure on borrowing costs, keeping fixed-income markets volatile ahead of the upcoming Federal Reserve minutes release.

Global oil prices eased slightly, with international benchmark Brent crude sliding toward $100 per barrel. The pullback followed a coordinated agreement by the G7 to release 100 million barrels of diesel and crude oil from emergency stockpiles, helping to temporarily counter supply anxieties driven by the ongoing war involving Iran.

Digital assets experienced positive price movement as Bitcoin climbed back above the $86,000 mark. The cryptocurrency market rebounded as traders reacted favorably to softening economic reports, which significantly cooled investor expectations regarding future monetary tightening from central bankers.