Wednesday Afternoon Links

[CNBC] S&P 500 hits another record driven by tech alone as most stocks decline on the day: Live updates 

[Yahoo/Bloomberg] Bond Investors Flee as Inflation Worry Sends Yields to 2026 High

[Yahoo Finance] 10-year Treasury yield rises to highest level in 10 months on hotter-than-expected inflation data

[Yahoo/Bloomberg] Oil Holds Steady on Mideast Impasse and Shrinking Inventories

[Yahoo/Bloomberg] Copper Nears Record High on Tight Global Supply; Aluminum Surges

[Axios] The U.S. inflation problem is getting worse

[AP] US and China seek to repair damage from tariff war that sent trade into a freefall

[Reuters] Fed's Kashkari says labor market looking better, inflation worse

[Reuters] To dot or not? Warsh's first Fed rate projection could out his views to the public - and Trump

[Yahoo/Telegraph] French unemployment hits five-year high with 2.6 million out of work

[Bloomberg] Treasury Buyers Get 5% Long-Bond Rate for First Time Since 2007

[Bloomberg] Hormuz Oil Flows Fell Nearly 30% Last Quarter, EIA Says

[Bloomberg] Fed Survey Shows More Job Anxiety, Widespread Price Concerns

[Bloomberg] PE-Owned Insurers Boosting Private Credit Holdings, Study Finds

[Bloomberg] Apollo Has a New Vehicle to Bundle Debt That Echoes CDOs of Old

[NYT] An Uncertain World Awaits the Reopening of the Strait of Hormuz

[NYT] Why the Bombing of Iran Tied the U.S. More Closely to China

[NYT] Perfect Timing, Big Payouts: Insider Trading Red Flags Emerge on Polymarket

[WSJ] Fed’s Collins Says She Could Envision the Need for Rate Hikes

[WSJ] Anthropic Was Behind. Now It’s the AI Boom’s Front-Runner.

[FT] Former SEC chair Jay Clayton says he does ‘not see excess leverage’ in private credit