Group 1 - U.S. Treasury yields increased across the curve, with the 10-year yield at 4.279%, the 30-year yield at 4.893%, and the 2-year yield at 3.807% [1][2] - The rise in yields is attributed to inflation fears linked to the U.S.-Iran war, impacting investor sentiment and leading to a spike in short-term bond yields [2][3] - Central banks in Japan, Switzerland, and Sweden also maintained their key interest rates, citing the ongoing conflict and its potential inflationary effects on global economies [3] Group 2 - Oil prices surged to $119 a barrel following strikes on energy facilities in Qatar and Iran, with Israel targeting Iran's South Pars gas field [4] - President Donald Trump issued a warning regarding potential U.S. military action against the South Pars field if further attacks occur, indicating heightened geopolitical tensions [5] - Deutsche Bank noted that the escalation of strikes and a cautious tone on inflation from the Federal Reserve have led investors to reassess the likelihood of interest rate cuts this year [6]

Neils ChristensenNeils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada. He has worked exclusively within the financial sector since 2007, when he started with the Canadian Economic Press. Neils can be contacted at: 1 866 925 4826 ext. 1526 nchristensen at kitco.com @Neils_cShareDisclaimer: The views expressed ...