安全消息人士：在伊拉克埃尔比勒附近一处营地遭无人机袭击中，三名伊朗库尔德反对派成员身亡。

AL-JADAAN: SITUATION IN MIDDLE EAST IS VERY FRAGILE; WELCOME ANY DE-ESCALATION

Leveraged hedge fund positions in US Treasuries are heightening risks of abrupt unwinds that could stress global bond markets, Apollo Chief Economist Torsten Slok said. Funds now hold about 8% of the $31 trillion market, up from 3% five years ago, with repo and prime brokerage financing exceeding $6 trillion. Slok warned forced deleveraging could send shockwaves through fixed income. The concerns align with Henry Paulson’s call for contingency planning against a potential demand shock in US debt. Regulators have flagged risks in leveraged basis trades, which worsened market turmoil during the pandemic and required Federal Reserve intervention.