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BUSINESSBloomberg Markets·2h ago

Trump Spurns Iran’s Latest Offer, OpenAI Scraps Debut of AI Model

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President Trump rejected Iran's proposal to reopen the Strait of Hormuz, impacting US bond markets. Additionally, OpenAI has delayed the release of its Astra AI model to implement stronger safety measures following recent hacking incidents.

The selloff in the US bond market deepened on Monday after President Donald Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz, threatening to prolong the war’s energy shock. OpenAI is holding back a version of its Astra model while it establishes stronger safeguards for artificial intelligence development, flagging heightened risks after a spate of recent rogue AI hacking incidents. The Opening Trade has everything you need to know as markets open across Europe. With analysis…

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