thecreditbubblebulletin.com

Check out the new site - thecreditbubblebulletin.com.  The “Timely Charts” on the home page and the “Financial Conditions” section of the “Charts” page are updated daily as we monitor key market developments.  Take special note of this week's moves in the 30-year Dollar Swap Spread, High Yield CDS and spreads, and EM CDS, along with the rise in Treasury, UK, France and Japanese yields.  Oracle yields were added this week to the "Timely Charts" section.

Sunday's News Links

[Axios] Top U.S. military commander in Middle East advised halting Hormuz bombing

[AP] Airstrikes have paused and talks are pressing forward. But can the US and Iran take the off-ramp?

[Bloomberg] Oil Near $100 Puts Fed and Peers in Interest-Rate Spotlight

[Reuters] Iran war spreads to Red Sea and Caspian, Gulf quiet as US forgoes strikes

[CNBC] Ukraine strikes Iranian vessels in Caspian Sea, Tehran accuses Kyiv of ‘hostile and criminal act’

[AP] A forced-labor crackdown or an end-run around Congress? Dissecting Trump’s new tariffs

[Yahoo/Bloomberg] Burnham Vows to Stand Up to Trump on UK Interests, BBC Reports

[Reuters] Wildfires threaten Bordeaux as France, Spain battle blazes

[Bloomberg] US Sizzles Under Wilting Heat That May Shift West This Week

[NYT] Trump Seems Trapped by Iran War, Even as He Wields the World’s Biggest Hammer

[NYT] Trump Holds Off on Major Escalation Against Iran as Advisers Raise Concerns

[NYT] A Summer of Extremes Set the Conditions for Europe’s Wildfires

[WSJ] Saudi Arabia’s Vast Oil Supplies Now Increasingly Depend on a Single Exit

[WSJ] It Isn’t Just Pickaxe: Trump’s Other Potential Nuclear Targets in Iran

[WSJ] What Trump’s Latest Tariffs Mean for the American Economy

[FT] Deadly storm in Chile disrupts copper mines and raises AI supply concerns

Saturday's News Links

[AP] Bridges and infrastructure hit as US struck deeper inside Iran

[AP] Houthis fire missiles and drones at Saudi Arabia in response to strikes on a Yemeni city

[Reuters] Houthis fire on Saudi Red Sea oil sites

[AP] Americans rewire their grocery shopping routines while digesting the biggest price jump in 50 years

[Axios] Trump's what's-old-is-new-again tariff tactic

[Reuters] This wave of Trump tariffs is likely here to stay; more are coming

[CNBC] Moody’s says ‘unprecedented’ AI spending threatens credit quality of Amazon, Meta, Alphabet and others

[Reuters] Its AI agent spent days hacking a company, but sources say OpenAI did not notice for a week

[Reuters] Samsung Elec, SK Group seal $950 bln deals as South Korea hosts AI powers

[Reuters] Private credit roundup: Insurers step up as liquidity pressures build

[Reuters] Wildfires force evacuations outside Bordeaux as wind stokes Spanish blazes

[Bloomberg] Big Tech Debt Flood Is Taking Over Risk In Market: Credit Weekly

[Bloomberg] Heat Bakes Central US, Raising Energy Demand as East Stays Cool

[Bloomberg] El Niño Worsens Plight of Asia’s Rice Belt After War Price Shock

[NYT] Iran War Live Updates: U.S. Strikes Abate, Even as Trump Considers Escalation

[NYT] China Has Come Through Trump’s Trade War in a Good Position

[NYT] China Wields Its Rare-Earths Leverage Over Europe With Export Controls

[WSJ] The U.S. and Iran Are Stuck in a Cycle of Military Escalation

[WSJ] Cheap, Accurate and Lethal: Iran’s Best Missile Is Getting More Dangerous

[WSJ] Corporate America Has Suddenly Decided to Stop Blowing Money on AI

[WSJ] A Rogue Hack and China at the Door Spark a Great AI Panic

[FT] Saudi Arabia strikes Houthis after Iran-backed rebels target energy sites

[FT] Investors increase bets on Federal Reserve rate rise after oil price surge