U.S. STOCKS RECOVERED AS 10-YEAR TREASURY YIELDS FELL FIVE BASIS POINTS TO 5.24%, EASING PRESSURE FROM THE RECENT BOND SELLOFF, WITH THE S&P 500 UP 0.2% AND THE NASDAQ 100 GAINING 0.3%, WHILE OIL CLIMBED 2.9% TO $93.08 AMID GEOPOLITICAL RISKS.
U.S. SENDS THIRD AIRCRAFT CARRIER TOWARD MIDDLE EAST
The Pentagon is deploying another aircraft-carrier strike group and additional Marine ships to the Middle East, adding roughly 9,000–10,000 troops, according to the WSJ.
The forces are expected to arrive by late November, as President Trump considers renewed strikes on Iran if no agreement is reached.
More than 50,000 U.S. troops are already deployed in the region.
U.S. TREASURY YIELDS EXTEND GAINS; YIELD ON 10-YEAR TREASURY NOTE LAST UP 4.72 BASIS POINTS AT 5.34%
TWO-YEAR U.S. TREASURY YIELDS, LAST FLAT AT 4.883%