Financial Markets
The Pause Didn’t Cover the Proxies: Houthi Strikes on Riyadh Put Brent Back Above $105 Into Bank Earnings and CPI
Houthi missiles hit Riyadh’s main airport over the weekend, killing at least 13, and President Trump says he will “look at” joining Saudi strikes in Yemen....
Oil Blinks, Delta Pays the Bill: Trump’s Iran Pause Cools Brent as Fuel Cuts the Airline’s Outlook
President Trump says talks with Iran are “productive” and that the US will not strike before the November 3 midterms. Brent is down about 1.3% to near $103 and...
The Auction Cleared, Oil Didn’t: Brent Tops $105 on Iran Strike Reports Into the 30-Year Sale
Wednesday’s $39B 10-year auction drew the strongest foreign demand in years and pulled yields off their 2002-era high. Overnight, reports that the Pentagon has...
The Long Bond Takes Back Tuesday: 30-Year at 5.72% Into the 10-Year Auction and Fed Minutes
Tuesday's record close lasted one night. The 30-year Treasury is back at 5.72%, its highest since 2002, as Brent holds above $101 and Iran restates its terms...
Nasdaq Record, 30-Year at 5.67%: The Market Pays the Target and Punishes the Buyer
Monday's Nasdaq closed at a record 27,477.31 while the 10-year Treasury hit 5.315% and the 30-year 5.670%, fresh 24-year highs. The deal tape sent a sharper...
Front End Bought the Miss, the Long Bond Didn't: Schneider Pays $22.6B for PTC
Friday's 29,000 payrolls print collapsed October-hike odds to roughly 22%, yet the 10-year Treasury still closed up 4 basis points at 5.28% and the 30-year...
Payrolls Crater to 29,000: A Rates Relief Rally Collides With Nike's Rout
September nonfarm payrolls came in at just 29,000, a massive miss against the 84,000 consensus, and the unemployment rate ticked up to 4.2%. Treasury yields,...
The Vise Snaps Shut: Yields Hit a 2002 High Even as Micron Blows Past Estimates
The 30-year Treasury yield touched 5.60%, its highest since 2002, and the 10-year sits near 5.28–5.29%, a fresh multi-decade high, even after Wednesday’s...
Monday's Thesis Just Got Validated: Oil Fell Despite a Real Houthi Attack, and the Nasdaq Hit Its 21st Record of 2026
Monday delivered exactly the kind of session this brief flagged as the open question a day earlier, would markets' selective attention to positive catalysts...