Finance

U.S. government bond yields experienced notable volatility, with the 10-year and 30-year Treasury yields reaching their highest levels since 2002 earlier in the session. Yields trimmed their gains later in the day following a robust $39 billion 10-year note auction that drew steady demand from institutional buyers.

Crude prices advanced as renewed Houthi attacks on Saudi Arabian infrastructure stoked market anxieties regarding energy supply disruptions in the Middle East. Global benchmark Brent crude futures advanced to settle above $101 per barrel, while West Texas Intermediate futures gained over 1% to surpass $90 per barrel.

The total cryptocurrency market capitalization decreased by roughly 3% to land at $2.85 trillion, wiping out approximately $88 billion in nominal value. High-volume digital assets led the retreat, with Bitcoin dropping over 2% to trade around $83,750 and Ethereum falling more than 3% during the session.