Finance

Pressure mounted across the fixed-income sector as investors aggressively sold 10-year U.S. Treasuries, driving the benchmark yield up to 4.75%, its highest level since January 2025. The steep increase follows the Federal Reserve's recent choice to keep interest rates steady without offering concrete guidance on future monetary easing.

Global energy markets saw substantial upward movement, with West Texas Intermediate climbing past $84 per barrel and Brent crude settling above $90 per barrel. Prices jumped significantly over the past month driven by intensified military tensions between the United States and Iran, alongside commercial shipping disruptions in the critical Strait of Hormuz.

Digital assets struggled to find momentum at the end of the month, with Bitcoin falling below the $63,000 mark and Ethereum sliding roughly 2.8%. The decline in crypto prices was exacerbated by an earnings miss from Coinbase Global, which fell short of Wall Street estimates due to weakened overall trading volume.