Finance

Crude oil prices continued their relentless ascent, with Brent crude trading near $107–$109 a barrel due to lingering geopolitical tensions in the Middle East. This persistent surge in energy costs has pushed the 10-year U.S. Treasury yield above the 5% threshold, marking its highest level in nearly two decades and complicating the macroeconomic outlook.

Spot gold prices fell below $4,300 per ounce, hitting their lowest levels in over a month. Although the precious metal traditionally acts as an inflation hedge, its appeal has been severely dampened by rising bond yields and expectations of further monetary tightening by central bankers.

Digital assets like Bitcoin and Ethereum experienced downward pressure, with Bitcoin sliding toward the $76,000 range. Investor sentiment is dampened by macroeconomic headwinds alongside a decisive Senate cloture vote on the Digital Asset Market Clarity Act, which determines the path forward for comprehensive U.S. crypto regulation.