Finance

Government debt instruments experienced a sharp selloff, pushing yields to levels not seen in over two decades. The 30-year U.S. Treasury bond yield climbed significantly, touching its highest point since 2002. Concurrently, the benchmark 10-year Treasury note hovered at multiyear highs as investors monitored ongoing government note auctions.

Energy markets observed a noticeable spike as geopolitical tensions intensified in the Middle East. Increased aggression targeting commercial tankers in the Strait of Hormuz dampened recent supply optimism, pushing Brent crude values toward the $102 a barrel mark. This disruption in critical shipping channels has reignited fears of a broader inflationary energy shock.

Digital assets retraced heavily alongside broader traditional markets as macroeconomic pressures heightened. Bitcoin fell below the $84,000 threshold, leading to more than $480 million in leveraged long crypto liquidations over a 24-hour period. Ethereum similarly suffered losses, sliding roughly five percent as investors pulled back from volatile risk assets.