Japan June seasonally adjusted bank lending ex-trust YoY 6.3%, unchanged from prior 6.3%.

U.S. Treasuries extended losses; 10-year Treasury yield rose 5 bps to 4.52%.

Reuters reported a U.S. official said Iran’s actions in the Strait of Hormuz are completely unacceptable and the U.S. will respond; U.S. negotiators remain engaged and pursuing a final agreement in good faith. The U.S. Treasury posted a notice revoking a general license related to Iran, saying it will phase out the license issued June 21, 2026 that authorised production, delivery and sale of Iranian crude, petrochemical and petroleum products.