The benchmark 10-year U.S. Treasury yield fell nearly 13 basis points to about 4.65%, which reflected the first reaction to the Israel-Hamas conflict in the…
fell nearly 13 basis points to about 4.65%, as investors sought safe assets amid the Hamas-Israel conflict. Yields and prices move in opposite directions.
South Korea's Kospi popped 1.63% on its open even as chip giant Samsung Electronics forecasted a 78% drop in its third-quarter operating profit, while the Kosdaq was up 1.68%.stood at 17,981, pointing to a stronger open compared with the HSI's close of 17,664.73 and on pace for a fifth straight session of gains.
Goldman Sachs' chief U.S. equity strategist David Kostin does not expect the Israel-Hamas conflict will have a huge impact on markets.
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