The article analyzes the potential global economic impact of the upcoming conflict between the U.S. and Iran, particularly on the energy market and the debt market. It is expected that during Easter weekend, the U.S. may take action, such as going to war, which would lead to the closure of the Strait of Hormuz, soaring oil prices, and a significant contraction in the global bond market. The Federal Reserve, facing the triple pressures of inflation, a banking crisis, and war financing, may adopt a "financial repression" strategy to lower real interest rates. Ultimately, the risks in the bond market are considered a greater hidden danger.

Centrifuge announced that S&P Global Ratings has upgraded the credit quality rating of its tokenized government bond fund JTRSY to "AAAf", while also confirming its "S1+" fund volatility rating, both of which are the highest levels. The asset management scale of JTRSY exceeds $1 billion.

Centrifuge announced that S&P has upgraded the credit quality rating of its tokenized treasury fund JTRSY to "AAAf" and maintained an "S1+" fund volatility rating. The fund has assets under management exceeding $1 billion, making it one of the largest tokenized treasury funds.

Analyst Benjamin Louvet from OpFi Investment pointed out that the Federal Reserve faces challenges in balancing inflation and employment, and may not choose to raise interest rates. Additionally, declining revenues in Gulf countries could impact U.S. debt financing, forcing the Fed to lower interest rates or resume bond purchases.

Mara Holdings announces plans to sell 15,133 Bitcoins in 2026 for approximately $1.1 billion, for bond repurchase and corporate use. The company will repurchase bonds due in 2030 and 2031, totaling $912.8 million.

As the risk of war with Iran increases, investors are selling stocks and bonds and increasing cash holdings, similar to the strategy after the Russia-Ukraine conflict in 2022. A U.S. bank survey shows that fund managers' cash holdings have reached a six-year high, and JPMorgan Chase warns that geopolitical uncertainties could negatively impact the stock and bond markets.

On March 26, Japan's two-year government bond yield rose to its highest level since 1996 as markets anticipated a central bank rate hike. The ten-year JGB yield also climbed, with rising oil prices fueling inflation expectations and increasing anticipation of monetary policy tightening by the central bank. Markets are pricing in a 64% probability of a rate hike in April.

Marshall Islands-Based Universal Basic Income Company M1X Global Completes $3 Million Funding Round, With Investors Primarily from Crypto and Finance Sectors. Funds will be used to develop the USDM1 digital sovereign bond, supporting local residents' participation in the UBI program. The bond is scheduled to launch on the Stellar blockchain in December 2025.

Japan's 10-year government bond yield has risen to 2.32%, approaching the highest level since 1999, indicating stress in the financial system. Rising energy prices are intensifying inflation risks, and markets expect the central bank may raise interest rates. Japan holds $1.2 trillion in U.S. Treasury bonds, and rising yields impact global capital costs, potentially triggering price volatility in risk assets. Investors should monitor the impact of changes in government bond yields and energy prices on the market.