ALERT: Trump Sends Iran Another Attack WARNING!
In a Nutshell
Trump's renewed Iran strikes and Venezuela oil deal are driving oil prices higher while US 10-year Treasury yields approach 2007 levels, threatening 8% mortgage rates as the government intervenes with $4B bond buybacks. Markets sit at all-time highs despite bond yields at 19-month peaks, creating tension between equity gains and government borrowing costs. A trader captured $2,700 profit on a 1.5% move from 216.64 to 220, holding a short position at $300K size.
These notes were generated by AI and may contain inaccuracies.
NASDAQ is down 0.31% with overall consolidation throughout the day since market open. Days with sideways trading are either favorite days or days to completely stay out of for day traders. Scalping setups involving quickly buying lows and selling highs can produce decent returns, but setups favoring huge overbought reversals, oversold reversals, or clear directional moves where markets are very bullish or very bearish do not work well on such days.
Japan is one of the largest foreign holders in US Treasuries. Their bond yields going higher means the rate at which they borrow will get more expensive. The concern is whether Japan will intervene by selling and dumping US Treasuries like they did previously, which would cause US yields to go up even higher. The last time this unfolded was August 2024.
President Trump stated he will fill up US strategic oil reserves. This follows the Venezuela oil deal where the topping out process will begin very shortly as a gift from Venezuela to the US. Oil prices need close monitoring to see if this puts the US in a favorable position with lower oil prices.
Oil prices are one of the biggest winners during overnight hours, with prices quickly gapping up. Markets have been relatively flat since market open. Oil prices skyrocket during attacks or escalation and drop during deals in the works. The Iran war has been a major focus with this pattern observed.
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