#美伊局势影响 The oil tanker停靠霍尔木兹海峡, Wall Street traders collectively shivered.
On Monday’s open, the 10-year U.S. Treasury yield shot up like a rocket, jumping 10 basis points in one go to 4.03%. This was the biggest single-day increase since October last year. The bond market folks are always the most sensitive—they’re not smelling gunpowder, but the burnt smell of inflation reigniting.
Oil prices surged over 6% in response, and expectations for rate cuts were pushed back by three months. Traders now bet that seeing the first rate cut in September would be good, and the third one in 2026? Don