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The yield on the 2-year U.S. Treasury note rose to 4.20%, its highest level since February 2025.

2026-06-18

The yield on the 2-year U.S. Treasury note rose to 4.20%, its highest level since February 2025.

Other News
2026-06-17

CNN said it obtained a 14-point draft memorandum between the United States and Iran that includes a ceasefire, arrangements to reopen the Strait of Hormuz, partial financial relief measures for Iran, and Tehran’s renewed pledge not to nuclear build w

CNN said it obtained a 14-point draft memorandum between the United States and Iran that includes a ceasefire, arrangements to reopen the Strait of Hormuz, partial financial relief measures for Iran, and Tehran’s renewed pledge not to nuclear build weapons. A US official provided the text; a diplomat who saw the document at this week’s G7 and two other diplomatic sources confirmed its contents. It is unclear whether the draft matches the final text scheduled to be signed on Friday in Switzerland; technical details and wording remain under negotiation. The White House did not respond to CNN’s request for comment. Iran’s semi-official Tasnim news agency said the leaked draft is inaccurate.
2026-06-18

OCBC research says Bank Indonesia (BI) and the PHILIPPINE C.BANK are likely to lift policy rates by 25bps each on Thursday evening. OCBC notes the Fed’s decision to hold rates may signal these Southeast Asian central banks expect near-term capital fl

OCBC research says Bank Indonesia (BI) and the PHILIPPINE C.BANK are likely to lift policy rates by 25bps each on Thursday evening. OCBC notes the Fed’s decision to hold rates may signal these Southeast Asian central banks expect near-term capital flow volatility to persist, so their policy decisions will be driven mainly by inflation and macro-stability concerns. OCBC adds BI’s expected hike would be consistent with its aim of preventing further deterioration in market sentiment.
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