Finance

U.S. sovereign bond yields remained heavily elevated, with the 10-year Treasury yield trading near 5.3% and the 30-year yield touching 5.7%. Despite soft employment data prompting a shift in near-term Federal Reserve interest rate hike expectations, the bond market continues to pressure broader financial conditions.

Brent crude futures declined below the $100 per barrel mark as supply anxieties notably eased. The retreat in energy prices was driven by resilient Middle Eastern crude exports alongside a coordinated strategic reserve release by the G7, mitigating immediate fears of geopolitical disruptions.

The cryptocurrency market observed positive momentum, with Bitcoin rising above the $86,000 threshold. This rebound is heavily influenced by a supportive macroeconomic backdrop of stable domestic interest rates and positive spillover sentiment from the broader artificial intelligence and technology sectors.