LexRegPulse Daily - Sep 1, 2026
Morgan here. This is LexRegPulse Daily for Tuesday, September 1.
Two tankers were struck in the Strait of Hormuz today, extending the exchange between U.S. and Iranian forces that began over the weekend. Brent crude pushed above 92 dollars a barrel. The 10-year Treasury touched a 19-month high — two basis points from its highest level since 2007. Through August, the rate debate was labor data against sticky inflation. Now it runs through crude oil into the long end of the curve.
Two implications for banks. First: Treasury's August 24 sectoral determinations already reach shipping…
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