Daily Briefing — June 25, 2026

Today’s Briefing


The Morning Bell

Wednesday, June 24, 2026

Oil Below $72, Gold Sliding, and the Market Is Sending a Message About Growth

Read full analysis →

News Wire

Economic Wire: Treasury yields dip as oil falls to pre-war levels

According to CNBC, the 10-year U.S. Treasury yield dipped Tuesday as oil prices fell back to pre-war levels. It sounds like a routine market update. It isn’t.

Read full analysis →

Fed Watch

The Fed’s Rate Is Frozen. That’s Actually the Story.

The effective federal funds rate has sat at 3.63% for at least six consecutive days. No drift. No flicker. Just a flat line that tells you something important about where monetary policy stands right

Read full analysis →

Data Wire

The National Debt Crossed $39.3 Trillion. Here’s Why the Daily Wobble Isn’t the Story.

The US national debt ticked down a trivial $310 million on June 23, landing at $39.32 trillion. Don’t let the daily noise distract you. The actual story is in the annual number: the debt has grown by

Read full analysis →

News Wire

Economic Wire: Federal Reserve Board’s annual bank stress test confirms tha

According to a Federal Reserve press release published June 24, the Fed’s annual stress test of large U.S.

Read full analysis →

Fed Watch

The Yield Curve Is Positive Again. Here’s Why That’s Worth Watching.

The 10-year/2-year Treasury spread sits at 0.30% as of June 24, a small dip from 0.34% the day before, but still firmly in positive territory. That might not sound like a headline. But given where thi

Read full analysis →


ON1010 provides economic education for investors. Nothing in this email constitutes investment advice. Always consult a qualified financial advisor before making investment decisions.

Correction (September 25, 2026): An earlier version of this briefing included a story saying natural gas was nearly 8% cheaper than a year earlier. EIA weekly Henry Hub data show the week ending June 19, 2026 at $3.12, 1.3% above the same week a year earlier ($3.08). That story has been withdrawn for correction.

Free Research

The economy moves fast. We make sure you move faster.

Economic data, policy shifts, and market signals — delivered to your inbox.

Subscribe Free