Public Markets 3h Briefing

Last updated: March 15, 2026, 1:59 AM ET

Public Markets

Oil futures dropped1.3% nytimes.com in early Asian trade after OPEC+ signaled potential output increases, while gold held near $2,340 nytimes.com as a weakening dollar offset risk-on sentiment. A surge in aluminum prices nytimes.com pushed China Hongqiao's Zhang Bo past the $48 billion mark, cementing his position among Asia's wealthiest industrialists.

Fixed Income

Japanese government bonds extended gains bloomberg.com tracking overnight Treasury rallies as traders increasingly price in a September Fed rate cut. Meanwhile, U.S. airline bonds weakened bloomberg.com after jet fuel costs spiked 8% on Middle East supply fears, and Chicago's planned muni bond sale is testing investor appetite amid geopolitical uncertainty.

Public Markets

Madison Air filed for a Nasdaq IPO targeting a $500M valuation, buoyed by three consecutive quarters of double-digit revenue growth in the private aviation charter market, signaling continued private equity appetite for AI infrastructure assets.