Headline Havoc & Mighty Macro Conjure Another Chaotic Day; Bonds, Bullion, & Bitcoin Battered

Tl;dr: Strong signals from US Manufacturing surveys, combined with higher oil prices (amid total headline chaos re: US/Iran/Lebanon/Israel) pushed yields up, the dollar up, and gold and bitcoin down bigly. Stocks were mixed with Nasdaq leading (Jensen's comments reigniting AI love-fest) and S&P's 8th green day in a row (longest streak in a year).

In the words of one bond trader, "I'm fucking exhausted and it's only Monday lunchtime..."

Oil