Finance

U.S. Treasury yields retreated slightly from recent highs on March 30, with the 10-year yield falling to approximately 4.387% during Asian trade. While surging energy costs initially drove yields higher on inflation fears, market participants are increasingly shifting focus toward potential long-term damage to economic growth.

Economists at Goldman Sachs have revised their outlook for the U.S. labor market, projecting that the unemployment rate could climb to 4.6% by the third quarter of 2026. The firm estimates that sustained high oil prices could lead to the loss of roughly 10,000 jobs per month through the end of the year.

The cryptocurrency market experienced a volatile start to the week, with Bitcoin slipping below the $68,000 mark and Ethereum weakening toward the $2,100 range. Digital assets have faced downward pressure from a combination of massive derivatives liquidations and a broader shift away from risk-on investments due to global instability.

The latest ISM Manufacturing data for March 2026 highlights intensifying inflationary pressures at the factory level, with the prices paid component jumping to its highest level since mid-2022. Businesses are reporting sharp increases in input costs, largely driven by the recent spike in energy and commodity prices.

The average 30-year fixed-rate mortgage hovered around 6.68% as of March 30, 2026, reflecting the continued impact of high Treasury yields and persistent inflation. While some regions saw minor variations, home loan costs remain significantly higher than pre-conflict levels, complicating the outlook for the housing market.