Futures open in ~7.5 hours.
It has been an eerily quiet weekend with no peace talk headlines and no denial of news that the US is planning a ground invasion of up to 2 months into Iran.
We ended last week with US oil prices at $101/barrel, the S&P 500 at a 232-day low, and the US 10Y Note Yield at 4.44%.
Yet, still no effort to contain the bond market as it nears crisis levels last seen during "Liberation Day" in April 2025.
Unless this changes over the new few hours, it appears that bond markets are setting for a move above 4.50% on the 10Y Note Yield.
History continues to suggest that some sort of *attempted* bond market intervention is coming.
Buckle up for a big week ahead.
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