After the Israeli attack, trading in U.S. Treasury bonds has been relatively calm.
Jin10 Data, June 13 - Considering Israel's attack on Iran, U.S. Treasury yields opened slightly higher on Friday, but trading remained relatively calm. NatAlliance Securities analyst Andy Brenner noted that Israel's attack seems to have had no impact on Iran's oil infrastructure, a decision that may limit the conflict's impact on the global economy, at least for now. He wrote, "While this situation may last for some time, and we do expect Iran to retaliate, we believe the market will remain unperturbed." As the week comes to a close, another factor driving the market is the increasing focus on the possibility of a Federal Reserve rate cut amid some weak data this week - although the market still sees little chance of a cut next week.
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