Tuesday's News Links

[CNBC] 10-year yield hits highest since January 2025 as higher oil prices stoke inflation worries

[CNBC] Stocks fall to kick off September as global bond yields rise: Live updates

[Yahoo/Reuters] Global bond rout deepens as Japan yield hits key milestone

[Yahoo/Reuters] Bond selloff deepens and stocks drop as oil prices stoke inflation fears

[Yahoo/Reuters] Oil up about 2% as renewed US-Iran strikes stoke supply fears

[AP] Iran’s president says Iran would return to ceasefire agreement if US does, and other Mideast news

[Yahoo/Bloomberg] Two Oil Supertankers Hit by Projectiles in Hormuz, Marisks Says

[Reuters] Strait of Hormuz commodity vessel transits stay in single digits, data shows

[Reuters] Fed's Barr open to rate hike if inflation does not moderate

[Yahoo/Reuters] German manufacturing growth accelerates in August as orders surge, PMI shows

[Reuters] Japan faces day of policy reckoning as Bessent calls time on big stimulus

[Yahoo/Reuters] Japan manufacturing new business rises at fastest pace since 2018, PMI shows

[Yahoo/Reuters] Global AI boom fuels Asia factory expansion in August

[Reuters] Euro zone inflation rises above 3%, cementing ECB rate hike bets

[Politico] Trump welcomes Russia back to the G20. Europe isn’t having it.

[Politico] ‘Germany and Russia are at war,’ says top defense exec

[AP] This principal in Nepal evacuated 900 students before flooding swept away their school

[Bloomberg] US 30-Year Bond Enters September on Its Worst Stretch Since 2006

[Bloomberg] Global Bond Selloff Sends Yields to the Highest Level Since 2008

[Bloomberg] Japan’s 10-Year Bond Yield Hits 3% for First Time Since 1996

[Bloomberg] Japan’s Finance Chief Plays Down Bessent’s BOJ Rate Hike Push

[Bloomberg] Bond Slide Spreads to Emerging Markets on Fed Rate-Hike Bets

[Bloomberg] Warsh’s Pledge on Stable Prices Will Soon Be Tested

[Bloomberg] Trillion-Dollar Dislocation Hides in Calm Credit Markets

[Bloomberg] Iran Uses Xi-Putin Bloc to Counter Bessent’s Economic Warfare

[Bloomberg] China’s Manufacturing Gauge Tops Forecasts With Faster Expansion

[Bloomberg] What the Surge in Black Sea Attacks Means for Food Prices

[NYT] Global Bond Sell-Off Puts Investors on Edge

[NYT] China and the U.S. Offer Competing Showcases of Global Power

[NYT] How the Pentagon Is Getting Into the Venezuelan Oil Business Under Trump

[WSJ] Mine Warfare With Iran Hampers U.S. Efforts to Win Control of Hormuz

[WSJ] Washington’s Deadly New Headache: an al Qaeda-Houthi Terrorist Alliance

[WSJ] The Ukraine Drones That Are Carrying a Bigger Punch, Deeper Into Russia

[FT] Global bond sell-off deepens amid inflation fears

[FT] How to understand the current puzzle in bonds and equities

[FT] Donald Trump summons US refiners as Iran war pushes up fuel prices

[FT] ‘Conflict of attrition’ in Iran could keep inflation high, ECB policymaker warns

[FT] Disasters to cost world $450bn a year from climate change and development