$BTC $ETH The failure of US-Iran negotiations causes bond prices to fall

Golden Finance reports that on April 13, peace talks between the United States and Iran failed, further shifting the bond market’s focus to inflation issues and reinforcing expectations that interest rates will remain at relatively high levels for a longer period. For investors in the $31 trillion U.S. Treasury market, rising energy costs could intensify the existing price pressures, potentially delaying the Federal Reserve’s rate-cutting actions—this risk is right in front of them. Traders and strategists at Pacific Investment Management Company, Brandywine Global Investment Management, and Natixis North America are preparing for a scenario in which yields stay high—
and many people are unwilling to make major adjustments to their asset allocations before they have a clearer understanding of the inflation outlook. Last Friday, the U.S. March CP’s month-over-month increase reached the highest level since 2022, pushing the 10-year U.S. Treasury yield above 4.3% and prompting traders to scale back expectations for rate cuts this year. On Monday, yields rose further
by 3 basis points, reaching 4.35%.