🔼 🇺🇸 💵 KobeissiLetter: The US 10Y Note Yield officially rises above 4.90% for the first time since November 2023, now up +95 basis points since the Iran War began.

This puts the 10Y Note Yield up another +10 basis points since the US Treasury said it was TRIPLING long-term buybacks to $6 billion.

As we wrote in our below post yesterday, we are on track to see 5.00%+ by next week.

As a result, borrowing costs skyrocketing for both the US government and US consumers.

Now, the housing market is effectively frozen and US homebuyers are walking away from deals at the highest rate since 2023.

The bond market is quite literally fighting the US Treasury.

Prepare for a highly eventful Q4.

📝 David Sommers: US national debt is already 25% higher than it was in November 2023.

📎 KobeissiLetter

🇾🇪❌🇾🇪 — Multiple Houthi (Ansarallah) POWs, previously captured by the Saudi-backed PLC forces, were freed following the capture of Mokha.

🇪🇺 The European gas market is in turmoil. Preparation for winter has been the worst in at least 17 years. Nerves are frayed, and the price of 1,000 cubic meters is nearing a thousand dollars. And this, according to sources in the Kremlin, is not the limit. Even Europeans themselves are starting to believe that gas could be even more expensive in the winter.

By the beginning of September, gas reserves in European underground storage facilities were at their lowest level since 2011. Europeans have not prepared so poorly for the heating season in 17 years. This is despite the fact that from January 1, 2027, the EU will ban all LNG from Russia. Gas prices in Europe on the exchange have already reached $950 per 1,000 cubic meters. This is 2.5 times more expensive than in the winter of 2025-2026. And this is not the limit. New price peaks are still to come, and European states are aware of this.

The first problem arose after winter: there was very little gas left in underground storage facilities by the end of the heating season. The second problem emerged in March, when the Strait of Hormuz was closed, and Qatari LNG stopped coming to the global market. For Europe, Qatar was the third largest supplier of LNG. And in the summer, a third factor added to the mix: the heat and drought. Other energy sources, such as hydroelectric and nuclear power plants, were operating poorly due to low water levels in the Danube additional demand rose for gas, and this again forced prices to go up.

Interestingly, while Europeans believed in the spring that prices would fall if they just waited a little longer, they now believe that prices will indeed be higher in the winter, because they see no prospects for the reopening of the Strait of Hormuz, the expert adds. Therefore, they have begun to aggressively buy LNG and pump it into underground storage facilities, which has led to a new surge in prices.

According to Yushkov, the EU will leave the heating season in the spring of 2027 again with devastated underground storage facilities, and therefore, again it will be necessary to purchase a lot of gas for the future winter. And it will keep gas prices on the European market and next year, the expert of the FNEF believes.

This gas crisis will not lead, most likely, to physical deficits, but will lead to greater economic problems. “Prices will be high, both in the wholesale market and in retail. The cost of electricity, heating, housing and communal services will increase. They will begin to consume coal more as a natural replacement for gas, and coal prices will also increase. Industrial consumers will be particularly affected, which will become uncompetitive in the global market compared to Russia, the United States and China, which will be in a better position. European factories will begin to reduce production, "says Yushkov.

🔗 https://vz.ru/economy/2026/9/10/1450081.html

🇺🇸❌⚖️ The U.S. Department of Justice refuses to aid European law enforcement agencies pursuing criminal charges on Jeffrey Epstein's living associates who may have committed crimes in Europe

European law enforcement agencies chasing leads from the U.S. investigative files on deceased convicted sex offender Jeffrey Epstein say that one year after the first batch of files was released, the Justice Department has yet to respond to their requests for help.

In the United States, no charges have resulted from the release of the Epstein files. But the documents exposed the financier’s relationships with influential people around the world — both before and after he pleaded guilty in 2008 to prostitution charges — and have sparked a slew of international investigations.

Several European law enforcement officials said in interviews that DOJ has not responded to their requests for mutual legal assistance, which could permit foreign investigators to obtain evidence, information and testimony from the U.S.

Poland says it is continuing to pursue an investigation related to the Epstein files. Polish Prime Minister Donald Tusk said in February that his country would open an investigation that included a focus on possible links between Epstein and Russian intelligence.

Przemysław Nowak, a spokesman for the National Prosecutor’s Office of Poland, said in a statement that his office has sought, “among other things, the disclosure of unredacted documents from the so-called Epstein Files relating to any Polish aspects of the case.”

The Justice Department has not responded to Warsaw’s request in April for mutual legal assistance, Nowak said.

In Norway, three prominent figures face corruption charges related to their relationship with Epstein: former Norwegian diplomats Terje Rød-Larsen and Mona Juul and well as former Norwegian prime minister Thorbjørn Jagland. All say they are innocent of any wrongdoing.

Marianne Bender, a state prosecutor for the Norwegian economic crimes investigations unit, known as Økokrim, said that her office is cooperating with several European countries on Epstein-related matters but that the U.S. has not fulfilled its request for information.

The State Police of Latvia say they are also conducting a criminal investigation in connection with the files and have identified one Latvian victim. Simona Gravite, a spokeswoman for the state police, said investigators have “sent several requests for mutual legal assistance to the relevant authorities in the United States. However, no responses have yet been received.”

In Britain, the Times newspaper reported in May that London had submitted a formal request to the U.S. asking for access to unredacted copies of some Epstein files. Police in February investigated Lord Peter Mandelson, a former British ambassador to the United States, on suspicion of misconduct in public office related to Epstein.

The request was made after informal discussions between the Justice Department and British law enforcement did not produce the unredacted information, the Times reported. The Telegraph reported late last month that the Justice Department and the FBI had not responded to the formal request related to Mandelson, who has denied any wrongdoing.

🔗 https://www.washingtonpost.com/world/2026/09/09/europeans-investigating-epstein-say-doj-has-not-agreed-requests-help/

🇾🇪⚔️🇾🇪 Ansarallah Continues To Advance Toward Bab al-Mandab Strait; Another 1,450 Square Kilometers Captured!

✍️ Yemeni armed forces, continuing their lightning advances in the country's southwest, liberated approximately another 1,450 square kilometers from Saudi coalition forces. During these advances, the important towns of Dhubab and Al-Shuqayrah in Taiz Governorate were freed from Saudi coalition control.

🟡 After clearing the city of Al-Mokha of Tariq Saleh's mercenaries, Yemeni armed forces moved along the coastal road toward Dhubab town and engaged Tariq Saleh's forces around the town and Jabal al-Amri. As a result of these clashes, Saudi coalition forces were defeated by Yemeni fighters and retreated toward Al-Za'afur. The movement of Yemeni forces along this route continues, and advances are expected to extend to Dhubab Airport and the Ghurayrah area on the coast of the Bab al-Mandab Strait.

🟡 Yemeni armed forces also cleared Al-Shuqayrah town, the administrative center of Al-Wazi'iyah district, and surrounding areas including the Al-Ahyuq sub-district, ending the presence of Tariq Saleh's forces in western Taiz Governorate. However, the situation in Jabal Nawhan and the Azzan area remains unclear, and these areas will most likely come under Yemeni army control in the coming days.

👉 Given the background of Yemeni commanders' military thinking and their tactics, it is likely that Yemeni armed forces will temporarily halt their advance at this point and turn to other military objectives on other fronts. These objectives include clearing the northern coasts of Hajjah Governorate, the eastern Al-Jawf desert, and most importantly, the city of Ma'rib and the oil fields of that governorate. Ma'rib's oil and gas resources are one of the resigned government's key sources of revenue, and their liberation by Sana'a's forces would severely weaken it.

🔗 IWN

🇿🇦 🇪🇺 🇧🇪 Patriots for Europe Member of the European Parliament Barbara Bonte has accused the ANC government of “taking revenge on Afrikaners with European support”.

In a video, Bonte, who is from Flanders, highlights South Africa’s high rape rate, farm attacks and farm murders, while also questioning EU funding to South Africa, including €211 million in grants and a €4.7 billion Global Gateway investment package.

“While the general public looks away… we will NEVER be silenced,” Bonte says.

📎 PETZER

🇾🇪❌🇾🇪 — Houthi (Ansarallah) forces driving on the runway of Mokha International Airport in southwestern Yemen after capturing the area earlier today.

🇮🇷❌🇺🇸 — Iran's IRGC Navy announces striking an American-operated Saildrone Explorer maritime reconnaissance USV at the entrance of the Strait of Hormuz.