Monday's News Links

[CNBC] Stocks fall after U.S. strikes Iran; Wall Street heads for winning month: Live updates

[Yahoo/Reuters] Oil rises over 3% as US and Iran resume military attacks

[Bloomberg] Treasury 10-Year Yield Tops 4.75%, Highest Since January 2025

[Reuters] Bond markets face fresh selling as oil prices jump, stocks cautious

[CNBC] France is becoming the ‘poster child’ of sovereign debt problems as government borrowing costs hit near 2008 highs

[CNBC] U.S., Iran exchange strikes for first time since July as Trump threatens strategic oil hub

[AP] New US missile appears to have left wide path of death and destruction in Iranian city, report says

[Reuters] Trump says Iran's Kharg is being 'blown to smithereens', but gives no details

[Reuters] G20 countries should consider more trade barriers on China to cut imbalances, Bessent says

[Politico] Bessent’s G20 pitch collides with anxieties over US debt and Iran war

[CNBC] Bank of England chief warns new AI models threaten global financial stability

[Axios] Stocks are sexy, but bonds are the most important market in the world

[Yahoo/Reuters] Analysis-Depleted US oil stash loses potency as Iran war grinds on

[Yahoo/Reuters] German inflation accelerates in August on higher energy prices

[Yahoo/Reuters] Chinese factory slump eases, but weak services signal uneven recovery

[AP] Leaders of China, Russia and India are among heads of state meeting to counter US influence

[Bloomberg] Bessent Faces Credibility Test Selling ‘American Growth Agenda’ to G20

[Bloomberg] War, Weather Push Crop Prices to Biggest Monthly Gain Since 2012

[Bloomberg] For a Thirsty American West, It’s Either Cows or Humans

[Bloomberg] ‘First Real Test’: Australia Fiasco Has Private Credit on Edge

[Bloomberg] Japan Seeks Record Defense Budget as Takaichi Plans Buildup

[NYT] G20 Finance Officials Gather in U.S. as Iran War Grips Global Economy

[WSJ] Long-Dated Treasury Yields Edge Up as 10-Year German Bund Yield Hits 15-Year High

[WSJ] The Sudden Unraveling of Wall Street’s Momentum Trade

[WSJ] G20 Warned Of Growing Threat to Financial Stability Posed By New AI Models

[WSJ] The Geopolitical Mismatch Driving Russia to Threaten the West

[FT] Japan’s bonds and yen under pressure after Kevin Warsh’s Jackson Hole speech

[FT] Trump’s threats against Canada are self-defeating

[FT] Scramble for gas assets pushes dealmaking to decade high

Sunday Evening Links

[CNBC] Stock futures slip as traders get set to wrap up a winning month: Live updates

[Reuters] Oil jumps more than 2% after US attack on Iran's Larak island

[AP] US strikes Iranian rocket launchers on the Strait of Hormuz in first military action in weeks

[Reuters] Iran is attacking US forces in Jordan, Fox News reports, citing a US source

[Axios] U.S. strikes Iran to prevent Hormuz mine threat

[AP] US plans to sanction another bank in effort to clamp down on Iran transactions, Bessent tells AP

[AP] US Treasury blocks certain journalists from G20 meeting in North Carolina

[Yahoo/Bloomberg] Trump Urges FCC to Probe Media Polling, Punish NBC Moderator

[AP] What we know about Trump’s deal giving US access to vast oil reserves in Venezuela

[Yahoo/Bloomberg] Canada’s Ford Likens Trump’s Actions to Saturday Night Live Skit

[Bloomberg] Bond Investors Wary After Warsh Fuels Wagers That Fed Is Poised to Hike

[NYT] Trump Administration Live Updates: U.S. Hits Iran With First Strikes in a Month

[FT] Big Tech profits get $160bn boost from gains on stakes in other AI companies