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Iran Escalating With Drone Attack On Bahrain, Yet Another Hit On Foreign Vessel In Hormuz Strait
Iran Escalating With Drone Attack On Bahrain, Yet Another Hit On Foreign Vessel In Hormuz Strait
A lot of escalation has ensued in the last 48 hours, after starting Thursday Tehran struck a commercial ship in the Strait of Hormuz, after which by end of Friday US CENTCOM confirmed a series of fresh attacks on Iranian missile and drone storage sites as well as coastal radar installations, reportedly on Sirik Island located near the Strait of Hormuz.
Referring to Thursday's attack on a vessel off Oman, the Pentagon called it a "powerful response...
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Jun 10, 2026 / Tyler Durden
Stellar 10Y Auction Stops Through Thanks To Surge In Foreign Demand
Stellar 10Y Auction Stops Through Thanks To Surge In Foreign Demand
After yesterday's mediocre 3Y auction, moments ago the Treasury held a stellar 10Y reopening (of cusip QQ7).
The sale of $39 billion in 9 Year-11 Month paper priced at a high yield of 4.538%, up from 4.468% last month, and 0.1bp through the 4.539% When Issued. This was the first stop through following 4 sequential tails for the tenor.
The bid to cover rose from 2.402 to 2.565, well above the six-auction average and the highest since Sept 25.
Internals were impressive:...
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Jul 6, 2026 / Dave DeCamp
Russian Strikes Pound Kyiv as Ukraine Fires Over 600 Drones Into Russia
Russian missiles and drones pounded Kyiv and other parts of Ukraine on Monday as Ukrainian forces fired over 600 drones into Russian regions. According to Ukrainian officials, the Russian strikes on Kyiv and its surrounding region killed at least 22 people, and 85 were injured. Ukraine’s Air Force said that Russia fired 351 drones and […]
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Jul 21, 2026 / Tyler Durden
Futures Jump As Chipmakers Surge After Japan , Korea Bounce
Futures Jump As Chipmakers Surge After Japan , Korea Bounce
US stock futures are higher led by Tech after a strong bounce in chip stocks in Japan (memory stock Kioxia traded limit up after trading limit down on Friday and Monday was a holiday) and Korea, as evidence mounts that Momentum / Semis pullback have bottomed, with supportive price action elsewhere in Asia and Europe, though the JPM EU Trading Desk is not yet seeing follow-through buying in Semis. As of 7:20am ET, S&P futures are 0.5% higher, lagging the...
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