Daily Economic Research

KBVS ECONOMIC RESEARCH
Friday, 24 April 2026

Macro Highlight :
Geopolitical tensions remained elevated as President Donald Trump ordering the Navy to target vessels laying mines, while Iran continued to restrict maritime traffic, resulting oil prices elevated at around USD93/bbl (Prev: USD91/bbl). Looking ahead, investors will focus on the release of Japan CPI and UK Retail Sales, while continuing to monitor geopolitical developments as the key driver of market direction.

Domestic financial markets came under pressure amid persistent global uncertainties, as reflected in the rise in yields across the curve. SUN5Y increased by +9.93 bps, followed by SUN10Y (+6.66 bps), SUN1Y (+5.40 bps), SUN15Y (+3.39 bps), and SUN30Y (+2.57 bps). Looking ahead, investors will continue to monitor geopolitical developments as the key driver of market direction.

We anticipate a marginal increase in the 10Y SUN yield today (24 Apr ‘26), projecting it to range between 6.59% and 6.79%.

 

Regards,
KBVS Research Team

 

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