Friday Evening Links

[Yahoo/Reuters] Bessent says US bought pesos again, currency slips

[AP] Regional banks’ bad loans spark concerns on Wall Street

[CNBC] ‘The tide went out’: How a string of bad loans has bank investors hunting for hidden risks

[Yahoo/Bloomberg] Global Finance Chiefs Urged to Keep Calm as Trade War Escalates

[Yahoo/Bloomberg] US Auto Delinquencies Have Jumped 50% From 15 Years Ago

[Yahoo/Bloomberg] Meta, Blue Owl Seal $30 Billion Private Capital Deal for AI

[The Hill] 5 takeaways from the Trump-Zelensky meeting

[Bloomberg] Rattled Wall Street on Alert After Trillion-Dollar Risk Runup

[Bloomberg] Credit Markets Wobble as Loan Losses Revive Bank Fears

[Bloomberg] Jamie Dimon's Cockroaches Keep Appearing

[Bloomberg] Subprime Lender PrimaLend’s Unpaid Creditors Eye Bankruptcy Push

[Bloomberg] Credit Squeeze Is Driving Down Spending for Low-Score Americans

[Bloomberg] Troubled Real Estate Firm at Center of Banks’ Latest Loan Pinch

[NYT] Investors Shudder at Signs of Loan Trouble in Banks

[WSJ] Volatility Returns to Stalk the Stock Market

[WSJ] Trump Says He’d Rather End War Than Send Tomahawks to Ukraine

[FT] Bessent to meet China’s vice-premier in bid to solve rare earths spat

[FT] Trump backs away from Tomahawk missiles offer in meeting with Zelenskyy

[FT] America’s gravity-defying economy

[Ft] A Fomo rush is resetting corporate bonds