S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketThe yield on the 10-year US Treasury note held around 4.35% on Thursday after a sharp decline in the previous session, as signs that the US and Iran were closing in on an agreement to end the war sent oil prices plunging and eased inflation concerns. Reports indicated that both sides are nearing a one-page, 14-point memorandum of understanding aimed at formally ending the conflict, potentially reopening the Strait of Hormuz, and setting a framework for more detailed nuclear negotiations. However, President Trump cautioned that no deal has yet been finalized, while threatening to resume military strikes if Tehran fails to comply. Oil prices dropped sharply on easing geopolitical risks, helping to reduce inflation fears and lowering pressure on the Federal Reserve to maintain restrictive policy settings. Meanwhile, the Treasury indicated it will continue front-loading borrowing needs toward shorter-term securities over the coming quarters, signaling no major change in issuance strategy.
