US 6-week Treasury auction for the week to July 14: bid-cover ratio 2.84, prior 2.74.

U.S. President Trump said he hopes countries the U.S. assists in the Strait of Hormuz will pay the U.S. for protection.

On July 13 at the White House, Trump said a U.S.-Iran deal remains possible, adding Iran wants a deal and has re-engaged with U.S. He also said U.S. forces will continue heavy strikes to significantly degrade Iran’s ability to affect Strait of Hormuz transit and that Washington is restoring an "Iran-only blockade," under which vessels doing business with Iran would be barred from passage while other countries’ ships would be allowed to transit.