BREAKING: Just 10 minutes before futures market open, Trump has claimed "there's a deal on Hormuz and there will be a deal on denuclearization" with the US "talking to them in the form of a negotiation" and "Iran negotiations to begin Monday afternoon."
Iran continues to reject any negotiations with the US and launched anti-ship cruise missiles toward a ship just a few minutes ago.
BREAKING: U.S. debt officially just passed $40 trillion for the first time.
1/3rd of the debt must be refinanced within the next year.
If Japan dumps U.S. treasuries in an attempt to save the Yen-
U.S. Treasury yields will surge, despite the fact the 30 YR is already at its highest level since 2007.
Refinancing is about to get a lot more interesting.