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Stock impact report

Treasuries fall as Trump's Iran Threats Add to Inflation Concern [Yahoo! Finance]

Nomura Holdings Inc ADR American Depositary Shares (NMR) 
US:NYSE Investor Relations: nomuraholdings.com/investor
Company Research Source: Yahoo! Finance
Iran in a prime-time address pushed up oil prices and added to concern over inflation. US two-year bond yields climbed five basis points to 3.85%, while those on 10-year notes rose six basis points to 4.38%. The dollar strengthened against all its Group-of-10 peers. The president said the US plans to launch fresh attacks on Iran within the next two to three weeks even though the war is “very close” to completion. Brent crude jumped more than 5% following his comments, further reducing the prospect that the Federal Reserve will be able to cut interest rates this year. “Trump's speech left some risks that the war will drag on,” said Naokazu Koshimizu, a senior rates strategist at Nomura Securities Co. in Tokyo. “Rate-hike positions will likely build” in markets as resilient US economic data and sticky inflation may make the Fed more cautious about policy easing, he said. Before the conflict broke out in late February, overnight index swaps had priced in more than two Fed cuts th Show less Read more
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