The yield on the 10-year US Treasury bond reached 5.23% at the start of the week

International

The U.S. Treasury yield curve steepened across all maturities during the first trading session of the week. The 1-year bond yield rose to 4.51% from 4.45%, and the 3-year bond yield climbed to 5.01% from Friday's 4.94%, while the benchmark 10-year bond ended at 5.23%—up from 5.17%—reaching a new high not seen since 2007.

Meanwhile, major U.S. stock indices began the week with broad-based declines. The Nasdaq was the hardest hit, falling 0.9%, followed by the S&P 500 (-0.8%) and the Dow Jones (-0.7%). Nevertheless, year-to-date gains stand at 15.4%, 12.2%, and 7.1%, respectively.

In the commodities market, prices showed mixed performance during yesterday's session as negotiations between the United States and Iran remained stalled. Brent crude rose 1.4% and WTI gained 0.6%, reaching $105.8 and $92.9 per barrel, respectively, while gold fell 3.8% to $4,122.3 per ounce. Finally, the price of soybeans dropped 2.4% for the day, settling at $473.1 per tonne.

Source: PUENTE