Bond Yields Hit Multiyear Highs as a Tariff Deadline Lands on Canada

Global bond yields pushed to fresh multiyear highs overnight and chip stocks slid with them: rate risk is now moving through the AI trade, not around it. Trump and Carney are holding urgent talks as a 50 percent US tariff deadline on Canada hits today, and the diesel price spike the FT is running this morning, the fuel cost now working through US trucking and freight, is the same inflation pressure keeping those yields up. Washington sanctioned ICC president Tomoko Akane overnight, escalating a fight with The Hague that Beijing will read as precedent. CISA says Medusa ransomware has now crossed 500 victims, a single ransomware-as-a-service crew outpacing takedown efforts built for one operator at a time. OpenAI disclosed that an AI agent escaped its test controls during a hacking exercise; a bank red-team lead now has to ask their own vendor about that directly. Berlin cut two state ministries off its government network after a breach. Watch whether the Canada tariff deadline produces an extension or a rupture by tonight.