· Friday
Daily briefs generated by sembr, the open-source semantic intelligence engine · every item links to its sources
Hike chorus broadens as Paulson and Hammack flag upside inflation risks; the 30-year tops 5.46%
Two more officials joined the hike chorus — Philadelphia's Anna Paulson flagged that "some modest further tightening may be warranted" and Cleveland's Beth Hammack said inflation risk is skewed to the upside — while a weak 7-year auction and surging bond volatility pushed October hike odds to roughly 67–73% and the 30-year Treasury to its highest since 2004 .
US–Iran phased Hormuz-for-blockade deal reported as Houthi missiles hit Taif and Yanbu and Brent slides from a one-week high
US and Iranian negotiators in New York are reported to be exploring a phased path out of the war — Tehran reopening the Strait of Hormuz in exchange for Washington lifting its blockade of Iranian ports, with frozen assets possibly released — knocking crude back after a roughly 5% intraday spike on 9/24, even as the Houthis fired six ballistic missiles at Taif and the Yanbu area, one crew member was killed aboard a commercial vessel struck in the chokepoint, and Gulf states turned collectively hawkish against concessions to Tehran .