Oil prices plunge and Treasury yields swing on hopes for an end to the US-Iran war; SpaceX on its listing day 19.22%↑
International oil prices fell sharply for a second consecutive day amid expectations of an end-of-war agreement between the United States and Iran, while the New York stock market 2consecutive trading days. On the same day, SpaceX rose 19.22% on its listing day, and US long-term Treasury yields steepened slightly, with the 10-year yield 4.4870% . South Korea’s Treasury bond 3-year yield fell to 3.808%.
International oil prices fell sharply for a second consecutive day amid expectations of an end-of-war agreement between the United States and Iran. The decline in oil prices could directly affect energy-related sectors and commodity prices.
Brent crude fell to its lowest level since 3月5日. The scale of the decline in oil indicators is linked to changing expectations for global energy supply and demand.
The New York stock market rose in tandem for 2consecutive trading days. SpaceX, which listed on the same day, surged 19.22% on its listing day.
U.S. Treasury prices fell amid the relative weakness of longer-dated bonds. In the afternoon,3as of the hour, the10-year Treasury yield was trading at4.4870%.
Remarks by President Donald Trump fueled selling sentiment, at times widening the intraday decline. At one point in the morning,10the4.497-year yield also reached %.
In South Korea’s bond market,12government bond yields fell across the board. The3-year yield was3.808%.
A sharp drop in international oil prices and fluctuations in U.S. Treasury yields occurred alongside each other on the same day. Some indicators were also assessed as having a limited impact.
The day’s movements in oil, bonds, and stocks emerged as global macro events and the schedule of corporate initial public offerings (listings) took effect simultaneously.