UPDATE: Wall Street Midday Soft as 10-Year Hits About 4.92% Into Friday CPI

Company EV $1.355B labeled as a round; equity about $1.79B; $295M shareholder roll; close expected Q4 2026 subject to approvals.

Classical London finance facade in the rain with an ascending yield curve glow, reflecting UK gilt yields at multi-year highs.

UK 10-Year Gilt Yield Hits Highest Since 2007 as Oil and Hike Bets Climb

Reuters: 10y to 5.378%; 20y and 30y highest since 1998; markets price about 97% BoE hike by November.

Wall Street trading floor with a steep red descending market board, capturing risk-off trading after hot inflation data and oil above $100.

Wall Street Slides as Fed Hike Odds Near 70% After Hot PPI and $100 Oil

AP mid-session: Dow off 0.6%, S&P off 0.6%, Nasdaq off 0.8%; 10-year near 4.91%; FedWatch about 70% via wire cites.

Oil trading desk with rising futures charts overlooking tankers at sea, as Brent and WTI push higher on Middle East chokepoint pressure.

UPDATE: Brent Hits $105 and WTI Tops $100 as Middle East Chokepoints Tighten

Reuters at 1215 GMT: Brent $105.26 (+4%), WTI $100.04 (+4.15%); Mocha and Hormuz remain separate theaters.

Red Sea commercial port at dusk with cargo ships and gantry cranes, illustrating shipping risk near Mocha and approaches to Bab el-Mandeb.

Houthis Seize Mocha Port as Forces Regroup Toward Bab el-Mandeb

Iran-backed Houthis take Mocha (Mokha) on Thursday; National Resistance under Maj Gen Tareq Saleh retreats south toward Dhubab.

Container port at dusk with cargo ships and gantry cranes, suggesting Iran-China oil-for-credits trade channel reporting without military hardware or dollar totals on image.

Iran Used Oil-for-Credits Channel to Buy Chinese Goods, Reuters Exclusive Says

Sources estimate $2 to $2.5B via SPV last year; medicines, vehicles, communications; military claims unverified.

White House Copper Tariff Plan Stalls on Affordability, Sources Say

Reuters: White House has not decided on refined copper tariffs; Commerce updated Trump by June 30.

Neoclassical finance facade at sunrise with wet plaza, oil pump-jack silhouette, and ascending abstract yield charts, suggesting 10-year yield repricing after oil, PPI, and ECB.

UPDATE: U.S. 10-Year Yield Near 4.906% as Oil, PPI and ECB Reprice Path

CNBC: 10y ~4.906% highest since Nov 2023; 2y high 4.501%; post-PPI futures soft; oil figures are last prices, not settles.

Modern glass eurozone finance building with large euro symbol and empty briefing podium, framing the ECB rate decision without readable deposit-rate figures.

ECB Raises Key Rates 25 bp; Deposit Facility Moves to 2.50%