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US 30-year Treasury auction on June 11: stop-out yield 5.02%, prior 5.046%.

2026-06-12

US 30-year Treasury auction on June 11: stop-out yield 5.02%, prior 5.046%.

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2026-06-11

Iran's Defense Ministry said Iran will not initiate war but will resolutely defend its security and territory.

Iran's Defense Ministry said Iran will not initiate war but will resolutely defend its security and territory.
2026-06-12

Siemens Energy, one of the world’s three major gas-turbine manufacturers, said competition for power in Europe — driven by data centers and electrification projects — has intensified to the point that customers are paying reservation fees to secure p

Siemens Energy, one of the world’s three major gas-turbine manufacturers, said competition for power in Europe — driven by data centers and electrification projects — has intensified to the point that customers are paying reservation fees to secure positions in turbine production queues. CEO Christian Bruch said demand is so high that European buyers are now willing to pay reservation fees. With grid connections for data centers taking long lead times, some operators are opting to build on-site generation to accelerate commissioning. Siemens Energy’s gas services head Karim Amin said customers seeking roughly six-month manufacturing slots typically pay fees equal to about 10–15% of a turbine’s purchase price. Manufacturers’ capacity is largely booked through the end of the decade, and Siemens Energy reports a conversion rate above 90%, so most reservations become firm contracts.
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