Institution: Market sees a relief rally boosted by the US-Iran ceasefire.

U.S. Treasury yields have fallen sharply, with Brent crude oil recently down 13.3% to $94.78 per barrel, and the DXY Dollar Index dropping 1% to 98.872. According to Tradeweb data, the 10-year U.S. Treasury yield stands at 4.238%, a three-week low. The senior analyst stated, “Although there is still a great deal of uncertainty, especially after the two-week ceasefire, risk appetite appears to have shifted and may provide support at the present time.”