Corporate borrowing costs are rising again after a brief dip in mid-April, driven by concerns over the West Asia conflict impacting oil prices. Recent state-backed bond issuances saw lower-than-planned mobilizations, indicating increased caution among issuers and selective appetite in the debt market.
Gold steady as markets await Powell’s comments on Iran war impact
Gold prices remained largely steady as investors awaited U.S. Federal Reserve Chair Jerome Powell’s comments for insights into the economic impact of the Iran conflict