Iran Stalemate Drives 30-Year Treasury Yield to 2007 High

The 30-year Treasury yield broke to its highest point since 2007 overnight, the bond market's verdict on three weeks of Iran conflict without resolution. Trump's announcement that he called off a new strike at Gulf state request moved nothing: the Strait of Hormuz remains effectively closed, ECB Governing Council member Wunsch has made a June rate hike contingent on ceasefire, and the inflation arithmetic for global central banks is worsening in real time.

GitHub disclosed unauthorized access to its internal repositories, a breach of the platform that underlies most enterprise development pipelines in this region. Inventory checks should be running before the morning standup.

Singapore's overtaking of Indonesia as Southeast Asia's largest stock market prices in MAS credibility and prices out Jakarta's policy uncertainty. The EU's shortlist for its first critical mineral stockpile, tungsten, rare earths, and gallium, is a direct read on China supply chain exposure for every tech due diligence running this quarter.

Today's column by Cheung Kwok-keung runs the numbers on HK's certification backlog: 110,000 unregistered units sitting out an 11% secondary price recovery, a legal and financial exposure the property advisory sector has not begun to price.

Watch the Senate war authorization vote and what it signals for the administration's diplomatic room on Iran.