Japan 10-year government bond yield fell 3bp to 2.960%.

Former Iranian diplomat and analyst Abbas Hameyar said Washington’s military and economic pressure continues, but Tehran believes time is on its side in disputes over sanctions, maritime blockades and demands to return to negotiations. He cited US domestic political pressure, sustained high energy prices and US/global public opposition to war as factors working in Iran’s favor. Hameyar said Tehran has absorbed economic strain through planned government measures; inf remains high and consumers face pressure, but authorities have prioritized ensuring supplies of staple and strategic goods. He added Iran is pursuing diplomacy in parallel with military preparedness and is maintaining forces to respond to any potential US attack.

Trump said if the plan is finalized the base location will be announced soon, and that it would be a "historic step" for the U.S.-Poland alliance.