The 10-year Treasury yield is closing in on 5%, a level last touched in October 2023. Strategists say the drivers behind higher yields are more important.
The institutionalization of prediction markets threatens to erode the edge of skilled traders who earn off mispricing and market inefficiencies, experts say.
The House is scheduled to be sent home in the coming days until after November's midterm elections, leaving a narrow window to pass any form of AI regulation.
The latest strike happened ahead of an expected meeting between Iranian and Gulf officials in Oman to sign an agreement for shipping through the strait.