GEOPOLITICS | US Diesel Prices Reach Four-Year High as Yen Strengthens

US equity futures wavered and a global bond rout eased as higher yields drew investors, according to Bloomberg. The yen strengthened as traders weighed intervention risks, while the Bank of Japan was said to favor raising rates by a quarter point this month. US President Donald Trump said the latest strikes on Iran. Broadcom slipped after results and a short-term forecast missed lofty expectations, even as the chipmaker projected a boom in AI chips over the next two years. US diesel prices hit a four-year high.