Macro news — 09/10/2026

Asset managers dump long-duration Treasury futures, signaling forced selling as cash yields stay elevated and pressure bond prices.

Trump says Putin agreed to release Russian diesel onto global markets, raising hopes for lower fuel prices and easing inflation pressure.

Tanker attacks in the Strait of Hormuz hit a wartime high as Iran tries to choke off oil exports.

Explosions and air defense activity reported in Tehranpars, east Tehran; cause not yet clear.

China's central bank bought 23 tonnes of gold in September, its largest monthly purchase since September 2023.

U.S. Gulf of Mexico shuts in 71.5% of daily oil and 58.8% of gas output, tightening supply.

Treasury Secretary Bessent names Judy Shelton, a former Fed board nominee and gold-standard advocate, to a new role.

Market odds of a Fed pause in October hit a new high of 85%, making back-to-back hikes unlikely.

Local sources report airstrikes on Sanaa with intensive aircraft activity overhead.

Houthi strikes on Riyadh airport kill three Saudis as the Houthi-Saudi war escalates further.

White House forms a committee to probe Fed Governor Lisa Cook, raising concerns over Fed independence and policy credibility.

Houthis reportedly mined the Bab el-Mandeb area, according to AlHadath, threatening a key shipping lane.

Multiple explosions reported in Erbil, Iraq; cause unclear and unconfirmed.

IRGC says vessels committing violations outside the Strait of Hormuz will now also be 'punished', widening its maritime threat zone.

UKMTO reports a vessel struck by an unknown projectile 13nm west of Al Jazeera, UAE.

Iran's IRGC says it targeted an LPG tanker in Hormuz hours ago, Fars reports.

Canada sheds 68.3K jobs in September versus a 10K gain expected; unemployment rate holds at 6.5%.

Germany to release up to 15 million barrels of strategic oil, diesel and heating oil first, to ease supply strain.

French-Italian bond yield spread widens to its highest since the euro's founding, as investors demand more compensation.

US to seize about $1 billion in crypto assets to tighten economic pressure on Iran.

Commerzbank warns France's debt crisis could pose greater risks to markets than Greece's did.

Military sources say government forces have taken full control of the Bab el-Mandeb strait, per Al Arabiya.

Bank of Spain raises 2026 inflation forecast to 3.9% and growth forecast to 2.6%, adding pressure on ECB.

Turmoil in European bonds fuels debate over policy tools to keep markets functioning if a broader crisis erupts.

State TV reports a Saudia Airlines employee was killed in a Houthi attack, deepening the Houthi-Saudi conflict.

Saudia aircraft damaged while parked at Riyadh's King Khalid airport, no passengers aboard, as Houthi-Saudi attacks continue.

Gold wipes out its weekly losses after Trump rules out striking Iran before the midterm elections.

Gold climbs more than 1% as investors focus on the Federal Reserve's policy outlook.

Pimco warns US 10-year Treasury yields could climb to 6%, a level not seen since 2000.