Thursday Afternoon Links

[Reuters] Wall St hits two-week lows as rising bond yields, Walmart results drag

[AP] Pressure builds anew in the bond market as Walmart drags the US stock market lower

[Yahoo/Reuters] Oil hits more than three-week high as Trump tries to raise pressure on Iran

[Yahoo/Bloomberg] Bessent Says Buybacks May Be More Than $4 Billion Per Issue

[Yahoo/Bloomberg] Bessent to Detail US Plans to Isolate Iran’s Economy on Monday

[Bloomberg] Bessent’s Treasury Twist Clouds Warsh’s Plea to ‘Play the Ball’

[Bloomberg] Anthropic Expects to Match SpaceX’s Record IPO Size or Top It

[Bloomberg] Private Credit Makes a Big Pivot as Direct Lending Funds Shrink

[Bloomberg] US Housing Affordability Gauge Worsens for First Time Since 2023

[NYT] Treasury Turns to Interventionist Tactics to Lower Interest Rates

[FT] Quant hedge funds suffer worst day in 2 years as Treasury boosts buyback and Moderna shares leap

[FT] The US Treasury is buying long bonds, but not very many