Netanyahu Warns Iran Conflict Persists Over Nuclear Material, Boosting Treasuries
On May 10, 2026, Israeli Prime Minister Benjamin Netanyahu said the Iran conflict persists due to remaining nuclear material that could enable weaponization. His warning prompted a rally in US Treasuries, potentially benefiting bond-focused funds like PSKY as investors seek safe-haven assets.
1. Netanyahu’s Nuclear Warning
On May 10, 2026, Prime Minister Benjamin Netanyahu cautioned that the war with Iran is not over because significant quantities of enriched uranium remain under Iranian control. He stressed that these materials could still be processed into nuclear weapons, extending the region’s security risks.
2. Impact on Treasury Markets
Netanyahu’s comments drove demand for US Treasuries as investors sought safe-haven assets amid renewed Middle East uncertainty. Yields on 10-year notes fell by nearly 10 basis points following the announcement, indicating a sharp move into government debt.
3. Implications for PSKY
PSKY, which holds a diversified portfolio of US Treasury securities, stands to gain from rising bond prices. A further decline in yields could boost the fund’s net asset value and total return, given its intermediate-duration focus.