Bonds & Black Gold Bid Amid Mixed Macro, Creaky Consumer, & Tehran Tensions

Plenty of attention-grabbing headlines today: from mixed domestic macro (choose your own adventure - good jobless claims, weak housing, big trade deficit) to geopolitical risk hotting up (again) around Iran; and from consumer cracks appearing (WMT outlook weak, KLAR crushed) to Private Credit "canaries" croaking (Blue Owl gates a fund).

Nothing good in there really...