PIMCO CIO Daniel Ivascyn: Given the surge in US Treasury yields, the Federal Reserve will take action to address US inflation issues. - Bitget

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Trump Rages Against 'Treasonous Scum' In Media For Iran War Coverage

Trump Rages Against 'Treasonous Scum' In Media For Iran War Coverage President Trump took to Truth Social on Thursday to rage against US media coverage of the Iran war (not for the first time), following Treasury Scott Bessent giving similar scathing remarks earlier this week. Trump particularly singled out recent and ongoing reports of US missile and interceptor shortages, which he has slammed as false. He called out the "treasonous SCUM" in the media for issuing supposedly inaccurate reports on "our Military Operation in Iran" - claiming that the US has "virtually unlimited amounts of Mid to High Grade Ammunition". But also notably, and in a seeming implicit contradiction, he said the USA is not at the moment "selling them to others" but is producing and stockpiling at "levels never seen before." This is amid an ongoing scramble for Europe to find an avenue to transfer more Patriots to Ukraine, as Zelensky is essentially betting for more missiles. Trump once again further blamed the prior Biden administration for handing

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