Aug. 18 at 7:32 PM
US-Iran ceasefire framework expired, no deal. 30-yr Treasury yield hit 5.33% intraday, highest since 2007 (~19 years). Oil topped
$90.
Also a global move: Japan 10Y hit a 30-yr peak, Germany Bund highest since 2011, France 10Y a 17-yr high.
Equities: 3rd straight down day.
$WDC -7%,
$SNDK -9%,
$MRVL -9%,
$STX -8%. Philly Semi Index -3.7%.
Full breakdown, sources linked:
https://coronetberkley.com/research/30-year-treasury-yield-19-year-high-iran-ceasefire.html
Education, not advice.