Primaries Held In 6 States: What To Watch

UK Gilt Yields Near 30-Year Highs As Political/Geopolitical Fears Spark Trussian Chaos Anyone has been in the bond markets for more than a minute remembers the fall of 2022 when UK PM Liz Truss was unceremoniously dumped by her own party after serving 45 days in office as the Gilts market collapsed at unprecedented speed amid economic chaos triggered by her 'mini-budget' (and multiple ministerial resignations). The reason we reminisce is that this morning - after a long-weekend closed - UK Gilt yields are soaring once again... to their highest level...

Pakistan Under Security Lockdown As Iran Delegation Arrives For US Talks - Fighting Hasn't Ceased In Lebanon Summary:  Iran makes clear Lebanon fighting must end or else Pakistan talks "meaningless" - as its delegation arrives in 'locked down' Pakistan. Trump 'optimistic' a deal within reach - also as Israel-Lebanon talks scheduled in Washington next week. US delegation headed by Vance en route to Islamabad. Lloyd's: "The Iranians are willing to negotiate with certain countries to secure voyages, but only on a case-by-case basis." A handful of mostly Iranian/China-linked tankers have passed in last 24 hours. After...

Trump Mulls 'Operation Sledgehammer' If Ceasefire Collapses, But Iran Has Re-Armed The Pentagon is considering renaming the war with Iran from "Operation Epic Fury" to "Operation Sledgehammer" if President Trump orders a renewed full-scale bombing campaign against Iran, according to an NBC News report published Tuesday. The report came on the eve of day 75 since the US and Israel launched the conflict. US sources touted to NBC that the United States now has greater military capabilities in the region than it did before the US and Israel launched the war...