Finance

Government debt yields across major economies spiked as fixed-income securities experienced an intensive sell-off. The U.S. 10-year Treasury yield reached multi-month highs near 4.79%, while benchmark yields in Japan and Germany climbed to levels unseen in decades amid heightening long-term inflation anxieties.

Energy markets reacted sharply to heightened tensions in the Middle East, pushing Brent futures past $92 per barrel and driving domestic benchmarks up by roughly three percent. The geopolitical disruptions triggered strong upward momentum for major energy equities, providing a rare bright spot in the broader market.

Digital assets pulled back sharply as traders increased the probability of an upcoming interest rate hike by the Federal Reserve. Bitcoin slid toward the $78,000 threshold and Ethereum fluctuated downward, with the asset class hindered because non-yielding assets face stiffer competition from high-interest rates.