Besant: The US and Iran may have reached a preliminary agreement; the 2s10s yield spread remains steady at 42.7 basis points

汇通财经2026/05/29 10:21

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

⑴ U.S. Treasury Secretary Bessent stated that the U.S. and Iran "may have reached the outline of an agreement". The agreement still requires approval from Trump and includes provisions such as the gradual reopening of the Strait of Hormuz and Iran’s commitment to reduce certain nuclear activities. The Wall Street Journal reported that the gap between corporate profits and worker compensation has reached a record high, with the labor share falling to a historic low.⑵ Chevron’s CEO warned that as supply decreases, summer oil prices will surge. The blockade of the Strait of Hormuz has removed up to 13 million barrels per day from the global market and depleted the "shock absorber". On Thursday, the U.S. Treasury yield spread for 2s10s ranged from 42.8 to 41.2 basis points, last reported at 42.7 basis points; the 5s30s spread was last reported at 82.3 basis points.⑶ The latest 2-year yield was reported at 4.02%, the 5-year yield at 4.153%, the 10-year yield at 4.451%, and the 30-year yield at 4.977%. TYU26 trading volume reached 348,000 lots, above average. Friday’s economic data includes the April advance trade deficit (expected -$86.5 billion) and May Chicago PMI (expected 50.5). Federal Reserve Vice Chair Bowman and Philadelphia Fed President Paulson will deliver speeches.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

(1) Analysis: Shipping disruptions in the Strait of Hormuz and the shutdown of approximately 1.3 million barrels per day of crude oil production in the Gulf of Mexico are supporting a supply risk premium; however, signals of dialogue between the US and Iran are limiting further upside in oil prices, which are currently still in a low-level consolidation phase, mainly awaiting a stress test. (2) Key Focus: Geopolitical situation, inventory data, US dollar index, global crude oil supply, and OPEC+ policy. (3) Resistance: 91.00, 91.50, 92.00 (4) Support: 90.00, 89.00, 88.00

智通财经•2026/10/09 02:36

Spot gold: Range-bound fluctuations, sell on rallies, buy on dips

Reason for analysis: Spot gold rebounded near a two-month low, but the Federal Reserve meeting minutes show that most officials believe it may continue to raise interest rates this year. The strengthening of the US dollar and high US Treasury yields still exert pressure. The easing of tensions between the US and Iran has reduced some safe-haven demand. After technical indicators became oversold in the short term, there was a corrective rebound, but a reversal has not yet occurred, so the range-bound strategy is maintained. Key focus: US Treasury yields, US Dollar Index, geopolitical situation Resistance: 4200, 4230, 4270 Support: 4130, 4100, 4070

智通财经•2026/10/09 02:36

Shell announces completion of evacuation from five platforms including Appomattox

Shell (SHEL.US): The evacuation of the Appomattox, Mars, Ursa, Olympus, and Vito platforms has been completed.

智通财经•2026/10/09 02:26