TREASURY WRAP: T-NOTE FUTURES (M6) SETTLE 14+ TICKS LOWER AT 111-17+

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Israel identifies that the US is preparing to take control of the Strait of Hormuz - an operation that could prolong the war in a few weeks, Kan news reports

US FX WRAP: Dollar gains on hawkish Powell, Middle-East tensions and hot PPI

TREASURY WRAP: T-NOTE FUTURES (M6) SETTLE 14+ TICKS LOWER AT 111-17+

US diplomatic facility close to Baghdad airport is being targeted with rockets

Iran attacks LNG refinery in Bahrain, Fars reports; attack is ongoing

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