Recent headline news has been full of different geopolitical headlines:
- Two rockets have been launched from southern Lebanon toward Israel.
- Rubio says it’s impossible to sign any agreement with Iran that does not include highly enriched uranium.
- Treasury Secretary Bessent acknowledges that relations with China are more stable. Will see if China commits to larger Boeing purchases.
- Comments that Hezbollah leaders have a backed down from condition of Israeli which role as a prerequisite for accepting a cease-fire
- Iranian source said that the Iran’s gratuitous threats are over and that any aggression will be met with regrettable response.
- Rubio told Congress that the US is waiting for Iran’s final sign off on negotiations surrounding Tehran’s nuclear program
The comments are both positive and negative. Of course there is not a lot of trust put in any geopolitical comments given the tensions.
In a another worry, automakers, retailers and consumer electronic firms are warning of chip shortages and price hikes could lead to significant and sustained near-term price increases for American households.
US yields remain up on the day with the 10 year trading above and below the 4.50% level. The two year yield is trading at 4.088% after dipping below the 4.0% level recently
Geopolitical news: China, Iran, NATO, and chip shortage
