Japanese 40-year bond yield rose 1.0 bp to 3.935%.

UK business and trade secretary Peter Kyle said Labour’s industrial strategy will be maintained through the imminent leadership transition. Andy Burnham, the most likely successor to Starmer, has committed to support the policy and has already benefited from the decade-long industrial growth plan in Greater Manchester. Kyle said businesses can be confident the strategy’s basic framework will not change, but added he has held private discussions with Burnham and would not speak for him; Burnham should set out his own position.

Secretary of Iran's Supreme National Security Council, responding to Trump, said that as president of a nation with only 250 years of history he uses such rhetoric while claiming to destroy Iran, which has a civilization spanning thousands of years.