Monday's News Links

[CNBC] S&P 500, Nasdaq fall for a second day as Micron drops, traders eye oil and yields: Live updates

[Reuters] Global stocks retreat and bonds wilt as oil climbs

[Yahoo/Bloomberg] Oil Erases Gain After Report US Proposed Iran Sanctions Waiver

[Yahoo/Bloomberg] Global Bond Yields at Multiyear Highs on Mounting Inflation Risk

[Yahoo/Bloomberg] Bond Ructions Gatecrash Talks by G-7 on Skewed World Economy

[Yahoo/Bloomberg] IEA Chief Warns Commercial Oil Inventories Are Falling Very Fast

[Yahoo/Bloomberg] Goldman Says Central Banks Want More Gold for Their Reserves

[Reuters] A new day at the Fed, but policy forecast cloudy for Warsh, Trump, US 

[Yahoo/USAT] Car ownership costs are causing financial strain for Americans

[Yahoo/Reuters] How India's cooking fuel shortage is driving up California's gas prices

[Politico] Ukraine breaches Russia’s strongest air defenses to hit Moscow

[Bloomberg] Reasons Investors Are Selling Government Bonds From UK to US

[Bloomberg] Belarus Starts Nuclear Drills With Russia After Kyiv’s Warnings

[WSJ] The Economy Kevin Warsh Is Inheriting Is Not the One He Wanted

[WSJ] China’s Economy Unexpectedly Weakens as Iran War Fallout Mounts

[FT] Bonds extend sell-off on inflation fears

[FT] Japan’s Sanae Takaichi calls for extra budget as Iran energy crisis bites

[FT] China is not Japan

Sunday's Evening News Links

[CNBC] Stocks are little changed after record-setting week for Wall Street; traders await Nvidia and retail earnings: Live updates

[Reuters] Global stocks retreat and bonds wilt as oil climbs

[Axios] Trump warns Iran "clock is ticking" until U.S. launches harder strikes

[Yahoo/Bloomberg] US, Iran Far From Hormuz Deal as Trump Says Clock Ticking

[CNBC] Trump warns Iran to ‘get moving’ or ‘there won’t be anything left’

[Reuters] UAE and Saudi Arabia report drone incidents as Iran war deadlock drags on 

[Reuters] A new day at the Fed, but policy forecast cloudy for Warsh, Trump, US 

[Yahoo/Bloomberg] US Says China Agrees to Spend Billions on Agricultural Goods

[Yahoo/Bloomberg] Tech Bubble Fear Lures Investors to Hedge With Exotic Options

[Yahoo/Bloomberg] LIRR Strike Set to Snarl NYC Commutes With No Formal Talks Underway

[Yahoo/Bloomberg] Gundlach Says It’s ‘Just Not Possible’ for the Fed to Cut Rates

[Yahoo/Bloomberg] Lai Says Taiwan Won’t Be Sacrificed as Trump Weighs Arms Deal

[Axios] Scoop: Trump advisers fear China may target Taiwan in next 5 years

[Bloomberg] Bond Traders See Tipping Point Toward New Era of Higher Yields

[WSJ] Ukraine Increases Pressure on Russia With Biggest Strikes on Moscow This Year

[FT] Bonds extend sell-off on inflation fears

[FT] The looming energy crunch

[FT] Iran energy crisis enters new phase as peak summer season approaches

[FT] UAE says drone strike caused fire at nuclear plant

Sunday's News Links

[Reuters] Bond yield spike is risk to unprepared equities market, investors warn

[Axios] An AI hate wave is here

[AP] Drone strike sparks fire on the edge of the UAE’s nuclear power plant in latest blow to Iran truce

[Reuters] Trump's geopolitical brinkmanship has hit a wall with Iran

[Yahoo/Bloomberg] Global Inventory Race Intensifies in Shadow of the Iran War

[Yahoo/Bloomberg] Finance Chiefs to Consider World Order After Trump-Xi Reset

[AP] As electric bills rise, some states are focusing on the growing profits of utilities

[Yahoo/Telegraph] Fund manager sells off ‘fragile’ UK bonds in warning for Burnham

[Yahoo Finance] 'This is borderline mania': Wall Street sees bubble-like euphoria in AI-fueled semiconductor rally

[AP] Hawaii’s worst flooding in 20 years leaves farmers struggling and fewer veggies at the market

[Axios] Exclusive: U.S. eyes attack-drone threat from Cuba

[AP] Ukrainian drone strikes on Russia kill 4 and wound 12 others, while debris lands on a Moscow airport

[Bloomberg] US and Iran Far From Hormuz Deal as Drone Hits UAE Power Plant

[Bloomberg] Gridlock Persists in Hormuz While Blocked Tanker Sails On

[NYT] China Indicates Tariffs Were Discussed at Trump Summit

[WSJ] AI Chip Mania Sows Seeds of Its Own Destruction

[WSJ] Coal Makes a Comeback, Fueled by War in the Middle East

[FT] Record high Japanese yields trigger bets on repatriation

[FT] Deadly drone strikes on Moscow ‘entirely justified’, says Volodymyr Zelenskyy

[NYT] The Iran War Is Crippling One of the World’s Wealthiest Nations