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Global yields surge on inflation fears | Brent at $110 | Rupee in focus after hitting 96 on Friday

Global markets witnessed a sharp risk-off sentiment amid escalating geopolitical tensions in the Middle East. Former US President Donald Trump warned Iran to “get moving,” intensifying concerns over a prolonged disruption in the Strait of Hormuz, a key global oil transit route. Crude prices surged sharply, with Brent crude rising above $111 per barrel and WTI crude nearing $108, raising fears of higher global inflation and slower economic growth. Asian equity markets declined, with Nikkei 225, Kospi and Australia’s S&P/ASX 200 falling between 0.2% and 2%. US markets had already closed weak on Friday as the Dow Jones Industrial Average, Nasdaq Composite and S&P 500 dropped over 1% each, while Wall Street futures extended losses. Bond yields surged globally, with the US 10-year yield climbing to 4.6% and the 30-year yield crossing 5.1%, reflecting inflation worries. Gold slipped despite geopolitical uncertainty as a stronger dollar and rising yields reduced safe-haven demand. GIFT Nifty signalled a gap-down opening for Indian equities. #StockMarketLive #Nifty50 #OilPrices #USIran #DowJones #Nasdaq #GlobalMarkets #BrentCrude #ShareMarket #MarketNews Moneycontrol is India’s leading financial portal, offering market news, expert analysis, and powerful tools. A part of Network18, moneycontrol.com is India’s most trusted destination for financial and business news. Subscribe: https://bit.ly/moneycontrolyoutube Follow us: Visit https://www.moneycontrol.com/ Facebook: /moneycontrol Twitter: /moneycontrolcom Instagram: /moneycontrolcom