Bond Yields Blow Out, a Pentagon Shakeup Turns Ugly, and Hormuz Heats Up Again

Maya and David tackle three fast-moving stories in one packed morning: a global bond selloff pushing yields to multi-year highs, a Pentagon leadership shakeup that raises tough questions about who is really in charge, and rising tension near the Strait of Hormuz that puts a stretched U.S. military back in the spotlight.Listeners will get a clear breakdown of why rising bond yields matter beyond Wall Street, what the Army Secretary's abrupt exit signals about turmoil inside the Pentagon, and how recent strikes and explosions near Hormuz connect to broader questions about U.S. readiness and global perception.UK and German 10-year bond yields hit their highest levels in over a decade, driven by heavy government borrowing and rising gas prices.Rising yields are already pushing up mortgage rates and corporate borrowing costs, with markets watching for central bank responses.Army Secretary Dan Driscoll resigns as Hegseth targets seven more officers, with reports that Driscoll had repeatedly warned Trump directly about problems in the ranks.Explosions near the Strait of Hormuz, including at a southern Iran airport, escalate tensions alongside reports of a deadly strike on a wedding party.The USS Abraham Lincoln pulls into Thailand for a rare R&R stop after a record-breaking deployment, underscoring how stretched U.S. forces are right now.Tune in for a rundown that connects financial markets, military leadership turmoil, and rising geopolitical risk into one clear picture of what's driving today's headlines.