Possible scenario
Crisis Escalation
15% Chance
The strike becomes a larger U.S.-Russia crisis if American personnel are injured, killed, or the embassy compound is damaged. This is less likely than a security drawdown, but the absence of Russian warning and Kyiv's exposed air defenses make a severe outcome credible.
Initial impacts
- Riskier companies' borrowing costs Up
- Market volatility Up
- 10-year Treasury yield Down
- Oil prices Up
- US dollar Up
Secondary impacts
- Finance -2.0%
- Technology
Portfolio impact
S&P 500-1.3%
Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.
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