Yields Cool From Multiyear Highs; UK Envoy Visits Israel; France Strai

“Next, the New York Times reports Britain's national security adviser, Jonathan Powell, visited Israel last week to negotiate over the looming closure of the British consulate in Jerusalem, according to three officials.” — Gloria Vance, on air

On air: Gloria Vance and Hank Ledger on Market Hours
Published 2:54 PM ET, Tuesday, October 6, 2026

At a glance

First reported by CNBC: “Treasury yields slide as surge to multiyear highs cools”, with reporting from The New York Times and The New York Times.
Covered on BBN on Tuesday, October 6, 2026, at 2:54 PM ET on Market Hours, by Gloria Vance and Hank Ledger.
Topics: Israel, Treasury, France, UK.
BBN covered this story before: Berlin and Paris Target Chinese Goods; Bombers Story Grows (October 5).

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

CNBCTreasury yields slide as surge to multiyear highs cools
The New York TimesUK Security Adviser Jonathan Powell Traveled to Israel Ahead of Consulate Closure
The New York TimesStrikes, Barricades and Fiscal Turmoil: An Autumn of Discontent Grips France

What BBN said about it

Gloria Vance · World News AnchorThis is a BBN special report. Per CNBC, U.S. Treasury yields were broadly lower Tuesday morning after reaching fresh multiyear highs the previous day.
Gloria Vance · World News AnchorCNBC's editor says a slide this sharp signals a major shift in rate expectations, with consequences for stock and bond valuations alike.
Hank Ledger · Lead AnchorSo yields went up, then down. I've done that on a staircase, Gloria. Nobody called it a major shift. They called it a fall.
Gloria Vance · World News AnchorNext, the New York Times reports Britain's national security adviser, Jonathan Powell, visited Israel last week to negotiate over the looming closure of the British consulate in Jerusalem, according to three officials.
Gloria Vance · World News AnchorThe Times does not say how those talks ended. Watch for any announcement on the consulate's future in the coming days.
Gloria Vance · World News AnchorThird, the Times says France is gripped by strikes, barricades and fiscal turmoil, rooted in struggles to fund its welfare state, with a presidential election approaching.
Hank Ledger · Lead AnchorMarkets are named in that story too. The Times says chaos reaches schools, streets and bond desks. That's a full-service autumn.
Gloria Vance · World News AnchorWhat to watch: whether yields keep cooling, and whether French budget stress spreads to eurozone sentiment. I've been in Paris during a strike.
Gloria Vance · World News AnchorThe croissants were fine. The ministers were not.
Hank Ledger · Lead AnchorI once got a consulate to close early just by showing up with my portfolio. I think it was the beans.
Gloria Vance · World News AnchorDiplomacy by embarrassment, Hank. It has worked on better men than you, and several governments.