Doubleline's Gundlach says investors should avoid 30-year bonds globally and that US yields will continue to rise, adds Fed policy rate should be raised by 50bps and notes the US two-year yield is not tracking the Fed Funds Rate

US Treasury Secretary Bessent says markets are not efficient and are run by humans, who make mistakes, adds the treasuries narrative in August was that the sky is falling and the narrative was absurd

IRIB reports that minutes ago, US forces attacked a commercial vessel in the coastal waters of Jask City

Doubleline's Gundlach says investors should avoid 30-year bonds globally and that US yields will continue to rise, adds Fed policy rate should be raised by 50bps and notes the US two-year yield is not tracking the Fed Funds Rate

South Korea Presidential Office says that South Korea and France discuss roles in Strait of Hormuz security, not troop deployment

Chile central bank maintains overnight rate at 4.5% as expected