THIS IS REALLY BAD.
🇯🇵 Japanese 5Y bond yield hits 2.13%, its highest level in 31 years.
Bond yields are going up like Japan's economy is entering a recession.
BREAKING: Iran declares the Strait of Hormuz will stay closed until 2029, the end of Trump's term, unless Trump accepts all of Iran's demands, per a senior Iranian source and Majid Shakeri, advisor to Parliament Speaker Ghalibaf.
Iran's demands in the US surrender document remain unchanged, $300 billion in compensation, the release of up to $100 billion in frozen assets, lifting all sanctions, US troop withdrawal from the entire region, an end to the naval blockade, and accepting transit fees on every ship.