Hutchison defends NATO's strategic value, rejects 'paper tiger' label, urges more US weapons/intelligence for Ukraine, and calls for Europe to increase defense spending. She criticizes Senate for not supporting Iran negotiations and says housing bill can be negotiated later.
inferred
inferred
RUT
inferred
Metals
USD
NATO
6.0
Government Agency
Kay Bailey Hutchison 7.0
Government Agency
Kay Bailey Hutchison 7.0
6/25/2026 11:19:35 PM
ndx
Tech selloff noted (Nasdaq down 0.6%); Micron surged 17% but Apple down 5.5% on chip shortage price hikes - mixed signals.
wti
WTI up nearly 2% to $71.76 after ship hit by projectile in Strait of Hormuz; Iran toll system could add $40B/year - supply risk.
yields
No explicit yield view from Hutchison; PCE at 4.1% and 2.1% GDP growth suggest Fed on hold, yields stable near 4.38%.
Rutte argues President Trump's leadership is successful on nuclear capability, NATO defense spending commitments (5% target), and global leadership. He frames NATO 3.0 as stronger Europe and stronger NATO, with Europeans needing to step up to avoid US overextension across multiple theaters.
Yields
NDX
RUT
Oil
Metals
USD
NATO
6.0
Government Agency
Mark Rutte 8.5
Government Agency
Mark Rutte 8.5
6/25/2026 11:19:35 PM
Ellis argues Pentagon is 'awash in cash' and the $67B supplemental (up from $29B six weeks ago) is a 'money grab.' He notes the bill includes non-defense items (Ebola, farm bailout, Penn Station) and predicts reconciliation 3.0 ($350B for Pentagon) is dead; a CR into lame duck is more likely.
inferred
NDX
RUT
inferred
Metals
USD
Taxpayers for Common Sense
2.5
Nonprofit Organization
Steve Ellis 7.0
Nonprofit Organization
Steve Ellis 7.0
6/25/2026 11:19:35 PM
wti
Ellis notes $2B for UAVs and pivot to cheaper platforms; Iran tensions and Strait of Hormuz risks support oil prices.
yields
No explicit yield view from Ellis; fiscal uncertainty and potential CR suggest no major yield move near-term.