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Daily brief 09 Jul 2026, 21:05 UTC

US Existing Home Sales Dip as Affordability Concerns Linger, 10s +1bp — desk brief, Thu 09 Jul 2026

Treasuries (close 2026-07-08): 2s 4.21% (+2.0bp), 10s 4.56% (+1.0bp), 30s 5.06% (+1.0bp).

Tape (close 2026-07-08): VIX 16.9, 2s10s +35bp.

Narrative: European morning session wrap: Oil prices surge as Trump calls off Iran deal

What mattered:

US Existing Home Sales Dip as Affordability Concerns Linger
US Continued Jobless Claims Actual 1.814M (Forecast 1.814M, Previous 1.814M)
Existing Home Sales (MoM): 4.09M
The Iran global inflation crisis that stubbornly refuses to happen
Asia-Pacific FX news wrap: Iran-US clashes escalate as Bahrain, Kuwait bases hit; oil barely moves

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