Financial markets show resilience despite Middle East conflict

Global financial markets have demonstrated resilience following the onset of the Middle East conflict, which began with United States bombings on Iran on February 28. Despite significant disruptions to macroeconomic forecasts, overall market performance has held steady. However, the bond market has experienced notable shifts. For instance, France's ten-year borrowing rate increased from 3.4% in February to 3.7% by June. Similarly, the United States' equivalent yield, which was below 4% prior to the conflict, also saw changes. This indicates that while broader markets are stable, specific sectors are reacting to the geopolitical tensions.

Sources: Le Monde