Debt Desk — Debt Desk — October 29, 2026: Election Risk and a Higher Long End
Good morning. It is Thursday, October twenty-ninth.
The national brief begins with a warning that connects foreign policy, energy risk and the election now just five days away.
U.S. officials have told several Middle Eastern countries and regional allies to prepare for the possibility of renewed American military action against Iran after the midterms. The same warning asks those countries to be ready for Iranian retaliation. Two diplomats briefed on the messages told the Associated Press that President Trump has not made a final decision.
This is a meaningful escalation in preparation, even…
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