US admin official says that the US has not released any of the USD 6bln in Iranian frozen funds, and won’t until Tehran “performs”, reports NYPost's Doornbos

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US FX WRAP: Antipodeans outperform and Yen lags as Dollar sees two-way trade

The Israeli Broadcasting Authority, citing a source: The start of the pilot phase in Lebanon has been postponed until a monitoring mechanism is reached between the Lebanese and Israeli armies.

US admin official says that the US has not released any of the USD 6bln in Iranian frozen funds, and won’t until Tehran “performs”, reports NYPost's Doornbos

5.65 magnitude earthquake strikes Gulf of California, reports GFZ

TREASURY WRAP: T-NOTE FUTURES (U6) SETTLE 9 + TICKS LOWER AT 109-28+

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  • As Iran reopens the Strait, stops charging tolls, and meets other milestones, they will be able to access structured relief. Nothing is given for free and everything is tied to benchmark.

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