THE IRAN WAR HAS COST THE U.S. $25 BILLION SO FAR, A PENTAGON OFFICIAL SAYS, AS THE CONFLICT HITS THE 60-DAY MARK.

The Pentagon reported that the ongoing conflict in Iran has incurred costs of $25 billion for the U.S. as it reaches the 60-day mark. This significant financial burden may influence U.S. fiscal policy and defense spending, potentially impacting the rate differential between U.S. Treasury yields and other sovereign bonds. Markets most exposed include defense contractors and energy stocks, as heightened geopolitical tensions could lead to supply disruptions in oil markets. Traders will be particularly attentive to upcoming Congressional discussions regarding military funding and potential sanctions on Iran, which could further affect market sentiment and capital flows.

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