Nasdak is down, and rising returns are exacerbated by the Middle East conflict

The fall in the NASDAQ index, exacerbated by fears of conflict in the Middle East, led to a slight fall in the United States government debt return, but the long-term rate of return remained close to years of high. The 30-year rate of return on sovereign debt had touched on its high level since 2007. Oil prices have risen for the third consecutive day, and the prospects for the American-Iraq peace accord are bleak. United States crude oil rose by 0.82 per cent to $85.17 per barrel and Brent crude oil by 0.55 per cent to $91.37. Despite recent weak economic data in the United States, the market expects the Fed to increase interest rates by 68 per cent in December. Analysts noted that continued inflation could accelerate the pace of interest rate hikes。