Reports indicated the Pentagon may deploy up to 10,000 additional troops, while Donald Trump postponed potential strikes on Iran’s energy sector by 10 days. Higher energy prices strengthened inflation concerns, pushing expectations toward tighter Federal Reserve policy, with markets pricing nearly a 50% chance of a rate increase by December.

The US 10-year Treasury yield held near 4.41%, heading for a strong monthly rise as energy costs reinforced the same policy outlook.

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