市場消息：以色列稱已開始對貝魯特發動一系列空襲。

Bond traders are hedging against a potential near-term rate hike by the Federal Reserve as the Iran conflict drives oil prices higher and stokes inflation fears. Options tied to the Secured Overnight Financing Rate show demand for protection against a hike within weeks, ahead of the April 29 meeting. Markets have shifted from pricing multiple rate cuts to about a 50% chance of a hike by year-end. Jeff Schuh of Constitution Capital said the trades reflect concern over inflation risks and unexpected Treasury market volatility, though they don’t represent the base-case outlook.

BOJ: GIVEN UNCERTAINTY SURROUNDING ESTIMATES OF THE NATURAL RATE OF INTEREST, IT IS NECESSARY TO ASSESS THE DEGREE OF MONETARY ACCOMMODATION IN COMPREHENSIVE MANNER, CAREFULLY EXAMINING ECONOMIC ACTIVITY, PRICES, AND FINANCIAL DEVELOPMENTS