Live Updates: Trump calls off Strait of Hormuz ultimatum as Iran receives U.S. message from mediators CBS NewsHow Trump suddenly embraced the idea of talking with Iran CNNTrump Delays Threat to Iran, but War Negotiations Are in Early Stage The New York TimesTrump's changing course on Strait of Hormuz strategy raises questions about US war preparation AP News
The uptick in borrowing costs can be traced to higher bond yields since the Iran conflict began in late February, but also to the large financing needs of the AI buildout