Global stocks began Tuesday on a cautious note while oil prices stayed elevated as the escalating conflict in the Middle East sapped risk appetite ahead of China’s highly anticipated reopening after a long holiday.
The benchmark 10-year US Treasury yield held above 4.0 per cent in early Asia trade, as a robust US labour market prompted traders to heavily scale back their expectations for Federal Reserve rate cuts.
https://thewest.com.au/business/middle-east-conflict-keeps-global-markets-nervous-c-16317161
