Finance

Brent crude climbed back above $100 per barrel driven by war-related supply bottlenecks, regional attacks in the Middle East, and an approaching storm in U.S. production zones. The commodity spike pushed the 10-year Treasury note yield to multi-year highs, heightening market anxiety regarding prolonged inflationary pressures and future monetary tightening.

A notable dynamic emerged as the U.S. Treasury auctioned $39 billion in 10-year notes amid historic yield highs. Financial analysts highlighted that fixed-income assets are presenting highly attractive risk-return profiles, prompting discussions that bonds could potentially outperform equities over the coming decade.

The cryptocurrency market experienced a widespread decline, with Bitcoin dropping toward the $83,000 range. The pullbacks across major digital assets, including Ethereum and Solana, coincide with the global bond selloff and the broader shift away from risk-heavy investments.