The CBO projects federal budget deficits and costs, while ceasefire uncertainty impacts global oil markets and drives up borrowing costs.
2 reports, 1 independent
Updated Aug 17
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What happened
The CBO projects federal budget deficits and costs, while ceasefire uncertainty impacts global oil markets and drives up borrowing costs.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Congressional Budget Office
government agency
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U.S. Treasury
mine in Sierra County, New Mexico, United States of America
Related events
- The Federal Reserve's hawkish signals regarding inflation, combined with the dissolution of a ceasefire, are driving yield movements in the U.S. Treasury market amid geopolitical risks in the Middle East.
- Supply concerns are driving up crude oil prices while U.S. Treasury yields hit multiyear highs, alongside positive wholesale sales and trade surplus growth.
- On September 1st, Houthi strikes and pipeline closures led to financial designations and sanctions, impacting the global oil market and involving the U.S. Treasury.
- Renewed military tensions between the U.S. and Iran are causing elevated oil prices and impacting global market trends.
- Conflict uncertainty and policy shifts are affecting the economic outlook and Treasury yields in the Middle East.