Finance

A persistent selloff in government bonds has kept long-term U.S. Treasury yields lingering near their highest points since 2007, with the 30-year yield holding above five percent. Market participants cite growing anxieties over domestic fiscal deficits, heavy debt issuance, and stubborn inflation pressures. Although the bond market steadied slightly ahead of the Federal Reserve's meeting minutes, the elevated borrowing costs continue to strain rate-sensitive sectors.

The U.S. Securities and Exchange Commission has unveiled a new regulatory framework called Regulation Crypto Assets to establish a clear pathway for token fundraising. Under the proposal, crypto projects would be granted registration exemptions, permitting them to raise up to $75 million annually under specified disclosure parameters. This action marks the first major step by federal regulators under the current administration to deliver the industry-specific guidelines that crypto firms have long requested.

Brent crude climbed back above $90 a barrel as commodity futures trended higher for a fourth consecutive day. Energy markets remain supported by an elevated risk premium due to the ongoing maritime blockade and stalled ceasefire negotiations between the U.S. and Iran. The geopolitical standstill in the Strait of Hormuz continues to raise concerns over prolonged supply disruptions and energy-driven global inflation.