Oil leads, bonds bleed: Deutsche Bank tracks markets two months after Iran conflict began

Two months after the Iran conflict began, Deutsche Bank Research analyzed market responses. Oil prices surged, with Brent 1-month contracts up 49%, while the 6-month contracts rose only 25%, indicating a temporary disruption perception. US assets outperformed due to energy export status and tech stock rebounds, while the Eurozone struggled with energy exposure. Surprisingly, precious metals fell over 10%, attributed to rising yields. Bond markets faced severe damage, with significant yield increases across developed markets, driven by inflation concerns and fiscal easing.