Iran-US tensions

30-year Treasury yields hit 5% for third time in three years as federal interest payments surge to $1.22 trillion annually, pressuring valuations across markets.

HSBC downgrades Indian equities amid deepening oil crisis. Brent crude exceeds $100/barrel; India faces pressure as world's third-largest oil importer dependent on imports for 85% of consumption.

Prediction markets assign only 23% probability to Iran allowing unrestricted Hormuz shipping in April, with just 18% odds of US-Iran peace deal by late April.

Markets plunge as Iran-US military conflict escalates with S&P 500 futures down over 1% and odds of an up day collapsed to 10%.