Fireside today at @blockworksDAS with @chameleon_jeff on Hyperliquid, future goals, and what’s being built today. Incredibly optimistic about the future of Hyperliquid and what can be built on permissionless, performant infrastructure.

U.S. 10-YEAR TREASURY AUCTION DRAWS STRONG DEMAND The Treasury sold $39 billion of 9-year 10-month notes at a 5.300% high yield, with a 2.77 bid-to-cover ratio. Indirect bidders took a strong 80.34%, direct bidders 17.12%, while primary dealers were left with just 2.54% — signaling solid end-investor demand.

BREAKING: 10-year Treasury yield hits highest level since 2002 ahead of $39B bond sale

A golden statue of Donald Trump titled "The Orange Plague", depicting him naked and riding on another man’s shoulders, will be on display this week at the European Parliament’s headquarters.

🇮🇷🇺🇸 Iranian attacks on tankers in Hormuz hit highest of any week since start of Iran war, per Reuters Attacks on tankers sailing through the Strait of Hormuz hit their highest last week of any week since the Iran war began, according to maritime security sources tracking incidents, amid ‌a bigger export push by Gulf producers.

RT @MacaesBruno: Remember when I said it was incomprehensible to me that France was defending the Iran war since economically it would be o…

The average 30-year mortgage rate jumped to 7.49% last week in the MBA survey, up from 7.3% in the previous week. A new three-year high. Mortgage applications for purchase loans slid again, are down 13% y/y using a four-week rolling average.

Heavy selling → falling bond prices → rising yields → higher borrowing costs. That's the chain reaction hitting global markets right now.

Scott Bessent: “I am the house” (The House)

🔴🇮🇷🇺🇸UPDATE: Iranian forces are once again firing missiles from Sirik towards the Strait of Hormuz. Local sources are reporting louder-than-usual explosions, suggesting the missiles used may differ from those usually employed.

🚨 ALERTE - Le policier auteur de ce tir contre un lycéen de 14 ans a été PLACÉ EN GARDE-À-VUE Il va être déféré devant le juge d'instruction. Eden ne peut plus parler pour l'instant, sa mâchoire est scellée, les dents du haut cassées, celles du bas arrachées. Il va devoir subir plusieurs opérations. “il y a juste de l'espace pour laisser passer une paille et actuellement il s'alimente uniquement de façon liquide. Voilà comment va mon fils aujourd'hui après s'être rendu à l'école de façon normale", a indiqué sa mère la voix tremblante. "Il fait des crises d'angoisse, des crises de panique. Il ne comprend pas, il ne comprend pas. Il se réveille dans la nuit, il revoit la scène encore et encore, encore et encore", ajoute son père. Ses parents vont porter plainte pour tentative d'homicide volontaire.

Lmao

Yesterday, @chameleon_jeff took the stage in Singapore and said HIP-4 is the kind of primitive where option-like payout curves can scale to a point where it's useful for users. For now, politics and sports are the largest prediction market categories. But financial markets are the big picture: think fixed-expiry binaries, touch contracts, and short-duration payoffs across crypto, equities, indices, commodities, and FX. Outcome was built to turn financial views into tradeable contracts beside the positions people express or hedge. Outcome's TWAP-based settlement is also uniquely suited for option-like payout curves. As Hyperliquid raises the infrastructure ceiling, expect us to ship more exotic markets that reflect what traders are interested in. Thank you, Jeff. We'll take it from here 🫡

You also have a federal deficit that is pumping 6-7% of GDP into the private sector and corporate profits.

RT @HamidRezaAz: Tehran Sees Growing Risk of a New War with the United States 🔹There are growing signs that Tehran views a new war as inev…

FRANCE, GERMANY DIESEL RELEASE MAY INCLUDE NO NEW BARRELS France and Germany say diesel stocks promised under last week’s G7 agreement will largely come from reserves already committed in March, Politico reports, raising questions over how much additional supply will actually reach the market. Germany confirmed it plans no new release, while France could potentially add 2 million barrels beyond its previous commitment but has not made a firm pledge. An emergency IEA meeting is scheduled today to discuss the coordinated release.

Israel demolishes homes in Bedouin community of man who evacuated Israeli settlers on 7 October —— Israeli authorities have carried out demolitions in the Arab al-Ziadna area north of Rahat in the Naqab, including property belonging to the family of Yusef Ziadna, a Bedouin bus driver who says he rescued more than 30 Israeli settlers from the Nova festival area on 7 October 2023. According to Radio A-Shams, Ziadna said demolition machinery entered the area on 5 October and began destroying buildings belonging to members of his family, including a structure connected to his brother's sheep farm. Ziadna had been due to appear on the station to recount his rescue efforts but instead invited people to visit the area and see the demolitions. The demolitions are part of a wider campaign targeting Bedouin communities in the Naqab, particularly villages that Israeli authorities do not recognize. Local reports said residents of Arab al-Ziadna and nearby Umm Nmeila face repeated demolition orders amid disputes over land ownership and planning, with residents saying they are seeking to remain on their ancestral lands rather than be relocated. Israeli authorities have previously forced members of the Ziadna family to demolish homes themselves or face demolition costs and fines. Ziadna's account of rescuing more than 30 Israeli settlers on 7 October has previously been documented by The Times of Israel, which reported that he used his minibus to evacuate settlers from the Nova festival area after the attack. The current demolitions have renewed attention on the treatment of Bedouin communities in the Naqab, where residents have faced longstanding disputes with Israeli authorities over recognition, planning and access to their land.