Cost of insuring five-year Israeli sovereign debt dropped to near a three-year
low after the US and Iran agreed to halt hostilities. S&P GLOBAL MARKET
INTELLIGENCE shows the five-year CDS at 50 bps, the lowest level since Sept
2023. eToro strategist Lale Akoner said markets eased after the agreement and
steps to reopen the Strait of Hormuz, a key oil shipping route.