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12:07
RAIL, the Railgun token, has more than doubled in price over the past week
Foresight News reports that the Railgun token RAIL has surged more than twofold in the past week, reaching a high of around $4.78 today and currently trading at approximately $4.
11:51
India calls the United States a "reliable" energy source and is seeking to obtain more fuel.
S. Jaishankar stated that there has been a "significant increase" in recent U.S. energy supplies to India, though he did not provide specific figures. India is currently in an "era of de-risking," and ensuring a vast, reliable, and affordable energy supply is essential. Expand
11:41
The US-Iran conflict pushes up US Treasury yields, potentially increasing fiscal interest expenses by 3.8 billion
According to the Financial Times, the US-Iran conflict has driven up oil prices and inflation expectations, with the US 10-year Treasury yield rising to 4.58%, higher than the Congressional Budget Office's forecast of 4.13%. The 30-year US Treasury yield has reached its highest level since 2007. If current yields remain until the end of this fiscal year, US fiscal interest expenses will increase by about $800 million; if they persist until the 2027 fiscal year, additional interest costs will exceed $3 billion. The market is concerned that rising oil prices and an expanding deficit are fueling inflation and further exacerbating US Treasury sell-offs. Some Wall Street investors believe the Federal Reserve is not responding adequately to inflation risks, and there is market discussion about the possibility of the Treasury issuing more ultra-short-term bonds or the Federal Reserve restarting Operation Twist.
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