Conflict Widens in Middle East as US Escalates Strikes on Iran

Escalating Middle East tensions between the US and Iran are spreading across the region following American strikes in response to an attack on forces in Jordan. Simultaneously, financial markets are reacting negatively to the Fed's decision to hold rates steady, with investors skeptical of Chairman Warsh's commitment to controlling inflation, as evidenced by a sharp selloff in 30-year Treasury bonds and broader market decline.