For the second time in three days, American forces launched a wave of airstrikes at military targets in Iran, puncturing a monthlong period of calm in the conflict. U.S. officials said this afternoon’s assault came in retaliation for Iranian attacks on oil tankers in the Strait of Hormuz yesterday and on U.S. military personnel in the region.

Two Iranian officials said the U.S. strikes had hit several sites across the country’s southern shores, including a military base. They said the attacks had caused significant damage. Oil prices jumped and were up about 4 percent.

President Trump threatened to hit Iran “much harder” if it retaliated. But just hours after the U.S. strikes began, Iran’s Islamic Revolutionary Guards Corps announced the country had launched a “regretful” counterattack.

For more: Treasury Secretary Scott Bessent expressed optimism that the E.U., Britain and the U.A.E. were prepared to join the U.S. effort to strangle Iran’s economy.

Borrowing costs rise around the world

A global sell-off in government bonds intensified today, pushing interest rates in some of the world’s largest economies to the highest levels in decades. The yield on 10-year U.S. Treasury notes — considered among the world’s most influential rates, affecting mortgages, car loans and other lines of credit — reached its highest level in well over a year, briefly hitting 4.8 percent. (Yields rise when prices drop).

A combination of factors appear to be driving the move: a flood of borrowing by wealthy nations, persistent inflation and few signs that countries are taking steps to improve the conditions. Bessent downplayed the sell-off: “I don’t think we’re in any kind of dire situation,” he said at a meeting of global finance ministers in Asheville, N.C.

Jurors are struggling in the Clancy murder trial

The Massachusetts jury considering murder charges against Lindsay Clancy for the deaths of her three children said this morning that it was “unable to come to a unanimous decision.” But the judge in the case did not accept the deadlock, sending the jurors back to their deliberations for the rest of the day, reminding them of the long and taxing trial they had just gone through and telling them to “stay the course.” The jurors have now gone home, but they will return tomorrow for a fifth day of deliberations.

Clancy, 36, does not deny killing her children with exercise bands in 2023. But she pleaded not guilty, and is pursuing an insanity defense. Failure to reach a unanimous verdict would result in a hung jury, with neither a conviction nor an acquittal.

Massachusetts weighs in on a generational clash

In deep-blue Massachusetts, today’s primary elections are all but certain to decide who will represent the state next year in Washington. The marquee contest, for a Senate seat, is between Ed Markey, the 80-year-old incumbent who has served in Congress since 1976, and Seth Moulton, a 47-year-old House member.

Scrambling midterm narratives, Markey is an older progressive — and one of the few high-profile Democrats defending transgender athletes — running against a younger centrist who has tried to pull his party to the right on trans rights. Moulton has argued that Markey is too old to serve another six-year term, but polls indicate that Markey is very likely to win.

Follow the results here.

More top news

• Science: Researchers hunting for dark matter using a detector one mile underground in South Dakota found a tantalizing signal — a single, tiny nudge of one particle into another.

• Washington: A whistle-blower said the White House has advanced a “haphazard” plan to exert federal control over mail-in voting despite being blocked by a court.

• New York: A woman armed with two knives randomly stabbed two people, one fatally, in the middle of a crowded Times Square yesterday.

• Oil: Venezuela has possibly the largest oil reserves in the world, but the U.S. agreement to secure much of it could take years to come to fruition. Here’s what we know.

• Germany: Weeks after an explosive-laden drone was found at an airport near a Ukrainian cargo plane, the government blamed Russia for the incident.

• Drugs: Ozempic and Wegovy were massive successes for Novo Nordisk, but its stock prices have dropped 70 percent since 2024. Its second act could be a total transformation.

• Tech: Succeeding Tim Cook, the company’s leader for the last 15 years, John Ternus became Apple’s C.E.O. today.

• Greece: As wildfires surge across Europe, the country is making a trade-off by fireproofing its antiquities, sometimes at a cost to their visual character.

• Health: Dayna Mooney chose alternative remedies for her son’s cancer over the recommendations of his doctors, and became the subject of a MAHA crusade.

The tennis fans are eating well

America’s premier tennis tournament, the U.S. Open, is underway in Flushing, Queens. But if you talked to fans, you’d be forgiven if you thought it was a food festival.

The event has become an annual hot spot for splurge-worthy food and drink. That includes the classic Honey Deuce cocktails ($23), of which 700,000 were sold last year; a hefty French dip sandwich ($38); chicken nuggets with caviar ($100); and an exclusive drink in a goblet that looks like a tennis ball ($39). See what everyone is raving about.

For more: The Athletic has live updates on the tennis.

Yo-Yo Ma keeps expanding his reach

My colleague Joshua Barone, who covers classical music, spent much of the last year following Yo-Yo Ma around. He wanted to know how the world’s most famous cellist was approaching life after 70, when many musicians begin to wind down, and found that Ma likes to learn just as much about the people he encounters as they do about him.

Joshua discovered that Barack Obama was right when he said that “everybody likes” Ma. His technique may no longer be flawless, but he still wins over audiences at every stop, even when he doesn’t play music. Ma, Joshua writes, models a way of living that rejects cynicism, polarization and isolation. Maybe we could all learn a thing or two from him.

A master of misdirection and joy

Juan Tamariz was the world’s pre-eminent master of close-up magic. He could seemingly rearrange cards without touching them, or convince a spade that it had actually been a heart all along. Audiences were left bewildered time and time again.

But Tamariz, who recently died at 83, didn’t want to fool people. He wanted to share in their awe of the inexplicable. Tamariz performed with a zany, exuberant style that made it near impossible to hold back a smile. After finishing a trick, he would strut around playing an air violin and shouting the first measure of the opera “Carmen,” which sounded something like, “Yaaaa! Ya-da-da-da-da-daaaaaaaaa!”

Have a magical evening.

Thanks for reading. I’ll be back tomorrow — Matthew

Keith Bedford was our photo editor.

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