Highlights

Brent crude oil futures break above $100 a barrel with energy complex rising across the board on the latest clashes between the US and Iran. Risk assets getting hurt and bond yields rising again in response to inflation worries and expectations of central bank rate hikes.

The US Treasury is to announce its stepped up buybacks of long end Treasury debt at 2 pm ET, as if that would be enough to offset the impact of factors like rising energy prices above, and worries about heavy borrowing.

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