economy
CNBC Daily Open: Higher oil, higher yields, lower volatility
A jump in oil prices sends jitters through stock and bond markets, keeping investors on edge as the ceasefire between the U.S. and Iran expires.
TL;DR
- Oil prices are rising due to renewed U.S.-Iran tensions, impacting global stocks and bond yields.
- The 30-year Treasury bond yield has hit a high not seen since 2007.
- Market volatility, measured by the VIX, is at its lowest level of 2026, despite geopolitical risks.
- Attacks on vessels in the Strait of Hormuz have resumed following the expiration of a ceasefire.
- Bitcoin is predicted to experience a significant price movement of 30% or more in the coming months.
- BHP shares are trading higher after the company exceeded earnings expectations and announced a substantial dividend increase.