Yields on government bonds have surged to multiyear highs, with the 30‑year U.S. Treasury topping 5.3% for the first time since 2007. The 10‑year benchmark is also near its highest point since early 2025, spurring concerns over borrowing costs.

Investors blame the rout on a mix of headwinds: the lingering U.S.–Iran conflict fueling inflation worries, and a flood of tech‑company bonds draining cash from debt funds. The market sees every issuer as a potential risk.

In a fresh legal battle, the Disney‑owned network has sued the FCC for attempting to suppress content the Trump administration deems objectionable. FCC Chairman Brendan Carr has opened a probe into Disney’s diversity initiatives and halted the license‑renewal process for ABC stations after remarks by Jimmy Kimmel.

Meanwhile, Pennsylvania Governor Josh Shapiro has imposed restrictions on data‑center construction, targeting AI infrastructure. Meta faces a new lawsuit alleging consumer‑protection violations, potentially costing the company up to 200 times its $1ҭ billion loss in New Mexico state court.