Geopolitical risks drive crude above $80 and 10-year yields to 4.59%, pressuring equities and supporting the dollar.
Oil prices climbed to $82.30 for WTI crude while 10-year Treasury yields reached 4.59% as US-Iran tensions kept markets on edge. Both assets remain sensitive to geopolitical developments, with investors monitoring military exchanges and potential ceasefire talks.
The moves follow a volatile session where early gains in US futures were erased by the close. Tech stocks led a modest rebound in Asia, though broader sentiment stayed cautious ahead of Wall Street’s open. European markets are expected to open tentatively as traders assess the latest rhetoric.
The dollar strengthened on higher yields, while equities faced pressure. Analysts warn that further escalation could amplify volatility, though a de-escalation may ease upward pressure on oil and bonds.