Thursday's News Links

[CNBC] Stocks slide again as Treasury yields push higher, Oracle leads Nasdaq names lower: Live updates

[CNBC] Oracle shares drop on report it sent ‘force majeure’ notice about data center project

[Yahoo/WSJ] Oil Prices Rebound as Brent Tops $105 a Barrel on U.S.-Iran Escalation Fears

[Yahoo/Reuters] Bond market selloff rumbles on ahead of Trump and XI talks

[Yahoo/Reuters] Analysis-Hedge funds sour on basis trade as Treasury selloff continues

[CNBC] Global debt tops $365 trillion as economists sound alarm over ‘vicious cycle’

[Yahoo/Bloomberg] Oracle Cites ‘Force Majeure’ to Shield Itself on Controversial Data Center

[AP] Claims for unemployment benefits drop to 197,000, the lowest since mid-July as layoffs remain rare

[Reuters] US current account deficit widens sharply in second quarter

[Yahoo/Bloomberg] AI Trade Is Ground Zero as Stock Investors Map Election Risks

[AP] Trump and Xi Jinping head into Washington summit with both leaders thinking time is on their side

[Yahoo/Bloomberg] Trump Says No Moves Toward US, China AI Guardrails in Xi Summit

[CNBC] China’s AI chip blitz arms Xi with a message for Trump: ‘You can’t choke us off’

[Axios] Inside China's mind on AI

[AP] Gulf nations have found ways to keep oil flowing through the Iran war, but the costs are mounting

[Reuters] Fed's Hammack warns inflation pressures remain tilted to upside

[Yahoo/Reuters] Fed's Williams says it is reasonable to see another US rate hike this year

[Reuters] Financing of historic AI buildout raises systemic risks in US, researcher says

[Yahoo/Reuters] BOJ could raise rates every quarter, ex-policymaker says

[Yahoo/Reuters] Australia says OpenAI agent hacked into government website

[Yahoo/Reuters] Australia's jobless rate hits five-year high, RBA hike still seen

[AP] Judge orders White House to restore access to CNN, MS NOW and Politico. Reporters still blocked

[AP] Pakistani airstrikes target Afghanistan after Islamabad accuses Kabul of drone attacks

[Bloomberg] Yen Intervention Risk Re-Emerges as 160 Per Dollar Level Nears

[Bloomberg] Gasoline to Cost More If US Diesel Ban Hits, Morgan Stanley Says

[Bloomberg] Rich People Fleeing Private Credit Haven’t Learned Their Lesson

[Bloomberg] Mortgage Rates at 7% Are Forcing Home Sellers to Slash Prices

[Bloomberg] China’s Trade Volumes Hit Record in Week Before Trump-Xi Summit

[WSJ] Central Banks Diverge on Rates as Energy Prices Threaten Higher Inflation

[WSJ] Iran Has a Secret Weapon in Its War With America: Help From China

[WSJ] The AI Build-Out Is Becoming the Biggest Economic Bet in U.S. History

[WSJ] Behind the Oil-and-Gas Industry’s Blitz to Try to Defeat a Diesel Export Ban

[FT] US long-term borrowing costs touch highest level since 2004

[FT] Global bond sell-off deepens as oil holds above $100

[FT] Five is the magic number for US Treasuries

[FT] Emerging markets shrug off Iran war in record foreign borrowing spree

[FT] Trump’s US no longer a reliable ally, warns Belgium in leaked document

[FT] Russia could attack Nato country within months, Denmark warns

Wednesday Evening Links

[CNBC] Stock futures are flat after soaring Treasury yields trigger a market sell-off: Live updates

[Yahoo/Reuters] Wall Street ends down as oil prices, Treasury yields rise

[AP] Pressure from the bond market hits a new level, and US stocks slide on worries about inflation

[CNBC] 10-year Treasury yield rockets to 19-year high. Here’s what’s driving the spike

[Yahoo/Bloomberg] US Five-Year Yields Exceed 5% for First Time Since 2007

[Yahoo/Reuters] Analysis-As 5% Treasury yields lose shock value, investors start worrying about 6%

[Yahoo/WSJ] Oil Prices Rebound Amid Persistent Middle East Supply Risks

[Yahoo/Reuters] Dollar jumps to near two-month high on Fed outlook, inflation concern

[AP] In defiant speech, Pezeshkian calls out Trump and says Iran will fight ‘until our last breath’

[Yahoo/Reuters] US business activity at more than five-year high; inflation pressures building

[Yahoo/Reuters] Fed's Barr says more rate hikes are needed to bring down inflation

[Yahoo/Bloomberg] Trump’s Push for a Diesel Export Ban Threatens to Squeeze Key US Allies

[Axios] "We have a choice": AI leaders sound alarm at UN

[Yahoo/Bloomberg] Judge Weighs Trump Ban of CNN, MS NOW, Politico From White House

[CNBC] McDonald’s CEO expects high inflation, lackluster traffic are here to stay

[Bloomberg] US Bond-Market Slide Deepens, Pushing Yields to Two-Decade Highs

[Bloomberg] US to Buy Back Up to $6 Billion in Longer-Dated Treasuries

[Bloomberg] Hassett Blasts Fed Officials Calling for Hikes in Recent Days

[Bloomberg] Biggest Long-Bond ETF Hits Record Low as Traders Dump Treasuries

[Bloomberg] Apollo’s Rowan Blasts Regulators for Handling of Walter Insurers

[Bloomberg] China Is Holding Sensitive F-35 Parts Diverted to Hong Kong

[Bloomberg] France Warns of Wider Russian Threat in UN Face-Off With Lavrov

[NYT] Bond Yields Make Biggest One-Day Jump Since Trump’s Tariffs Rattled Markets

[WSJ] A Perfect Storm Is Raging in the Bond Market

[WSJ] Iran’s President Says Open to Talks but Won’t Bow to U.S.

[FT] Xi Jinping set to arrive for high-stakes summit with Donald Trump

[FT] Turkey arrests founder of brokerage at centre of $18bn alleged Ponzi scheme