· Wednesday
Daily briefs generated by sembr, the open-source semantic intelligence engine · every item links to its sources
30Y Breaks Above 5.3% for the First Time Since 2007, Then Stabilizes Ahead of the Fed Minutes; Term Premium at an 85th-Percentile Move and Record 5y5y Inflation Skew Keep the Long End Elevated While Front-End Pricing Holds a ~35% September Hike
The 30-year Treasury topped 5.3% for the first time since 2007 before global bonds stabilized ahead of the July FOMC minutes, with front-end pricing holding near two-thirds for a September pause while record term-premium and long-run inflation-skew readings keep long-end yields elevated .
Hormuz: Iran Weighs Strikes on US Assets in Europe; Trump Maps Strait as "New US Territory"; UAE Pauses Trade; Brent Holds ~$91
Escalating: as the war nears six months, Iran has reportedly weighed strikes on US military assets in Europe plus undersea-cable sabotage, the UAE paused all trade with Tehran and detected two Iranian ballistic missiles, Trump declared Hormuz "open and operating" while mapping it as "NEW US territory" — and Brent rose a fourth straight day to $91.28 (+0.29%) .