Bond Yields

MPC Morning Call

Trump and AI Leaders Decide to Regulate Themselves

Trump met with AI leaders overnight and renamed AI to “Super Intelligence” — plus they’ll self-regulate. We unpack why that changes nothing. Bond yields hit levels not seen since 2002 (30-year at 5.62%), US consumer confidence collapsed to a 12½-year low, and the RBA hiked to 4.60%. Gold and silver copped a massive sell-off. Phil runs through technical setups on Pro Medicus and 40X. Plus: Micron earnings tomorrow, Aussie CPI today, and US PCE and payrolls on Friday.

MPC Morning Call

Stocks Continue Slide as Oil Tops $100

Brent crude surged above $100 a barrel as U.S. strikes on five Iranian tankers triggered retaliatory attacks across the Persian Gulf, pushing the 10-year Treasury yield to 4.85%. The S&P 500 fell 0.5% while a disappointing $6 billion Treasury buyback deepened the bond sell-off. ASX 200 futures point to a 1% drop as markets await Thursday’s PPI and Friday’s CPI for Fed rate hike clarity.

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