Rates On My Mind

Rates, vol, semis and the AI cash-flow problem. A few charts worth watching.

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Treasuries and stocks decline as oil rallies on intensifying US/Iran strikes - Newsquawk US Market Wrap

US launches fresh strikes in Iran; Iranian sources say response to US strikes will be extensive; Trump said if Iran respond, they'll be hit much harder; US ISM Mfg. PMI falls more than expected; US JOLTS rise less than anticipated; Two oil supertankers were reportedly hit by projectiles in the Strait of Hormuz; Fed's Barr said if inflation doesn't moderate soon, will be time for an interest rate hike; USTR Greer stated Canada may face additional tariffs; Bessent told Japanese officials that rate hikes are needed.