The Worst-case Scenario of a Further Escalation in the conflict between the U.S. and Iran Appears to have been Averted for now, but the relief Sell-off in Haven Assets May Drive Treasury Yields Only So High. The Haven Trade Drove the 10-Year U.S. Benchmark yield as much as 11 base points lower during Asia trading wednesday after fired a volley of missiles on u.s.-iraqi airbases, in retaliation for an american airstrike that killed a top Iranian general. That flight-to-safety move gave way to a sell-off on hopes of de-escalation, and president donald trump`s announcement in the u.s. Morning of Further Sancission, but no military action, pushed the benchmark to this week`s high, of 1.86%. (Bloomberg) European Central Bank President Christine Lagarde Used Her First Public Remarks of 2020 to Push for Greater Coordination between the Region`s Policymakers, ARGUING THAT A JOINT FISCAL PUSH WOUD HELP JUMP-START THE SLUGGISH EORTONY. The Decisions Come After a Flurry of Data at the Start of the Year That Showed a Mixed Outlook for the 19-Nation Economy. The Eurozone has been mired in a manufacturing slump for more than a year-most prominent in germany-amid uncertainties includies the u.s.-china trade war and brexit. (Bloomberg) Source: Danareksa Securities Debt Research Photo by Markus Spiske on Unssplash