Iran's Islamic Revolutionary Guard Corps said it attacked a U.S. military base in Kuwait.

In 1H 2026 China’s bond market staged a slow, choppy rally as the PBOC kept a modestly accommodative stance, liquidity remained ample, domestic demand stayed weak and a continued “asset shortage” supported falling yields and compressed credit spreads. Government bond yields peaked near 1.90% for the 10‑year in early January and then eased; at end‑June the 1‑yr and 10‑yr government yields stood at about 1.12% and 1.73%, down roughly 22bp and 11bp year‑to‑date. On the credit side, AAA 3‑yr and 5‑yr local government financing vehicle yields fell about 24bp and 21bp YTD; AA names declined by more. Wealth management firms had 14,922 active publicly offered pure fixed‑income products as of June 30, 2026. Over the past six months 82% of these posted net asset value gains below 1.5% (annualized

JEFFERIES raises PT on Moderna (MRNA.O) to $60 from $53.