· Sunday
Daily briefs generated by sembr, the open-source semantic intelligence engine · every item links to its sources
Post-hike digestion: Goldman says the market over-prices the cycle as the 10-year holds at 5%
The marginal shift two days after the first hike in three years is on the dovish side of the ledger — Goldman Sachs argues the market has over-priced a roughly four-hike cycle and sees closer to two, and Nomura calls Chair Warsh's hawkish posture political rather than his true intent — while the 10-year Treasury holds at 5% and the long-end driver debate is explicitly unsolved .
US CENTCOM claims Hormuz flows at a six-month high as the Houthis strike Riyadh and Washington warns of rapid escalation
The past 24 hours split the signal — the head of US Central Command said crude, cargo and LNG volumes through the Strait of Hormuz hit a six-month high and that the main transit lanes are clear of mines , while the Houthis announced strikes on Riyadh "sensitive targets" and Saudi Aramco facilities at Yanbu, Riyadh activated capital air-raid alerts for the first time since the spring, and US embassies warned the Saudi–Houthi conflict could "rapidly escalate" , leaving Brent hovering around $100 .