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

Iran has launched missiles at targets in response to US strikes, while unofficial sources cited by Tasnim noted that explosions were heard in Jordan following Iranian missile attacks

US Commerce Secretary Lutnick will meet with Mexican President Sheinbaum and Economic Minister Ebrard on Wednesday and will discuss US tariffs on Mexican autos and metals, according to POLITICO

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