US strikes resume across Iran; bond vigilantes test Warsh; KOSPI triggers circuit breaker

The news, distilled

S&P 500 ▼ 7,316.15 · Brent ▲ $90.74 · Gold ▼ $4,034.70 · VIX ▲ 20.7 · 10Y UST ▲ 4.62%

The US struck dozens of Iranian targets overnight – command centres, missile facilities, maritime capabilities – ending a two-day pause, per the WSJ. Hours earlier, Iran hit radar, satellite communications and aircraft at US bases across Bahrain, Qatar, Kuwait, Saudi Ar…