US announces new sanctions on nine individuals, one entity tied to Iran

Eren Sengezer FXStreet

Citing a statement published on the US Treasury Department's website, Reuters on Monday reported that the US has issued fresh sanctions on nine individuals tied to Supreme leader Khamenei including Iran's Armed Forces General Staff, Mujtaba Khamenei, and one entity.

The market reaction to this development was relatively muted and the upbeat mood continued to dominate the action. As of writing, the 10-year US Treasury bond yield was up 3.9% on the day at 1.787% and Wall Street's three main indexes were all gaining around 0.5% and remaining on track to close the day at fresh record highs.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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