Lates News

Yamato Securities strategist Shun Otani stated that if some form of resolution is reached in the Middle East conflict, the yield on the US 10-year Treasury bond may fall from its current level of 4.30% to around 4.20%. Otani pointed out that once hostilities subside, the market focus may shift towards ensuring safe passage through the Strait of Hormuz and repairing the deteriorated relations between Iran and Gulf countries during the conflict. He believes that the meeting of foreign ministers from over 40 countries on the situation in the strait, as well as reports of negotiations between Iran and Oman, can be seen as positive signals towards de-escalation.