Iran warned that agencies assisting the U.S. military could become targets of attack, sparking concerns among global investors and impacting market sentiment for safe-haven assets such as U.S. Treasuries. Geopolitical risks may cause fluctuations in bond yields, interest rates, and commodity markets, and investors should pay attention to their long-term effects.

On March 23, gold prices fell 2%, approaching $4,400, marking a new low since the end of 2025, with the selloff nearly erasing gains from early 2026. The Iran war and oil crisis are impacting gold price movements, with rising crude oil prices exacerbating inflation, central banks maintaining unchanged interest rates or even hiking rates, rising bond yields weakening gold's appeal, and a stronger dollar suppressing demand. Insufficient speculative momentum is accelerating the selloff, with the market showing clear divergence on the outlook. $4,300 is a key support level; if broken, it could accelerate further selling. Analysts predict gold prices could potentially return above $5,000, but market risks and external impacts warrant caution.

On March 23rd, the gold market experienced severe selling pressure, posting its worst week since 1983, prompting investors to reassess safe-haven assets. Analysis indicates that the gold price decline stems from concentrated position liquidation, with market drivers shifting toward liquidity prioritization. Rising bond yields have also triggered cross-asset selling, as institutional investors begin turning toward private markets and digital assets. The gold decline demonstrates that asset pricing mechanisms are changing in a liquidity-driven environment.

Gate News reports that as of March 19, gold prices have recently broken below the $4,600 mark. Market analysts believe that the surge in U.S. Treasury yields (a metric measuring bond investment returns) and the Federal Reserve's (the U.S. central bank) delayed interest rate cut expectations are the primary factors pressuring precious metals prices.

Gate News reported that on March 19, the U.S. 2-year Treasury yield (a key indicator of short-term Treasury investment returns) experienced its largest increase since April 9, 2025. This yield movement reflects a significant shift in the bond market, indicating that investor sentiment and monetary policy expectations are undergoing adjustment. Market participants are closely monitoring this indicator, as it affects borrowing costs and economic forecasts.

Gate News reports that on March 18, CoinShares announced a strategic partnership with Kiln to launch the first on-chain asset management strategy using its Railnet protocol. The strategy combines DeFi protocol yields with tokenized real-world asset (RWA) yields, expanding to six different yield sources covering returns from DeFi lending protocols, institutional secured loans, tokenized bond funds and bond ETFs, as well as neutral basis strategies.

On March 13th, volatility in the U.S. Treasury market reached a nine-month high, with the ICE BofA MOVE index climbing. Escalating Iran tensions heightened market inflation concerns, rising oil prices reduced the appeal of Treasuries, 30-year Treasury yields increased, and traders reduced bets on rate cuts in 2026. Investors need to consider the uncertainty brought about by stagflation.

Gate News bot message, according to the official Gate announcement on March 12, 2026 Gate launches the GUSD Minting New User Limited-Time Reward Phase 8. New users who mint GUSD using USDT/USDC can earn annualized returns of up to 100%. The event runs from 16:00 on March 12, 2026, to 16:00 on March 26, 2026 (UTC+8). Users can mint daily, receiving GUSD at a 1:1 exchange rate, with earnings starting to accrue from the day after purchase. GUSD is a flexible principal-protected financial product launched by Gate. Its returns come from Gate's ecosystem revenue, government bond RWA, and high-quality yield assets supported by stablecoins. Users can redeem GUSD at any time, exchanging it back to USDT/USDC at a 1:1 ratio. Additionally, GUSD involved in other platform financial products (such as Launchpool and Launchpad) can earn corresponding product yields, GUSD minting rewards, and activity bonuses during the investment period. The platform also introduces a reference comprehensive annualized calculation mechanism. The comprehensive annualized rate consists of a reference annualized rate plus additional rewards, with the extra rewards distributed daily in GT tokens. The annualized yield rate is dynamically adjusted based on Gate's ecosystem income, government bond RWA, and stablecoin-related asset returns.

Amazon entered the euro bond market for the first time on March 11, raising approximately €10 billion for artificial intelligence investments, in a record-breaking eight-part bond issuance. This transaction will be one of the largest corporate bond issuances in history, with Amazon expected to invest around $200 billion by 2026, exceeding expectations and raising concerns among investors about returns.

Gate News Announcement, March 9 — On-chain analysis data shows that the Solana blockchain has surpassed Ethereum in the number of wallets holding tokenized real-world assets (RWA). Currently, Solana leads in the number of wallets holding RWA. Although Solana is ahead in the number of holders, Ethereum still maintains a dominant position in the total value of tokenized assets deployed on-chain. Most major tokenized government bond products and private credit platforms are still based on the Ethereum ecosystem.