SECURITY: Israeli Air Force Prepares For Action Against Iran Nuclear Facilities

Dec-12 17:34

The Times of Israel is reporting that the Israeli Air Force, "is continuing its readiness and preparations for potential strikes against Iran’s nuclear facilities... Due to the dramatic changes in the Middle East... the Israeli military believes there is now an opportunity to strike Iran’s nuclear sites."

  • Amichai Stein at  Kan confirms the TOI report on X: "The Air Force continues to prepare for action against Iran's nuclear facilities, and an attempt is being made to enlist the United States to the mission."
  • The report comes after US President-elect Donald Trump today refused to rule out US military action on Iran in an interview with Time Magazine, noted in earlier bullet: SECURITY: Trump Says "Anything Can Happen" Regarding Prospect Of War With Iran
  • The comments, consistent with Trump's ambiguous public statements on foreign policy, are not necessarily a statement of intent but could be read as part of a broader 'maximum pressure' strategy Trump has promised on Iran - expected to include stricter enforcement of sanctions and could extend to support for Israeli action against Iranian nuclear sites, opposed by the Biden administration.
  • Yaakov Katz, a senior fellow at the Jewish People Policy Institute, wrote in an op-ed for Newsweek today that Israel must strike Iranian nuclear facilities now, as it has "a unique and historic opportunity to, once and for all, remove the primary threat that it has warned about for more than 20 years—Iran's nuclear program."
  • Israel may have the military capacity for an Iranian operation following the neutering of Iran's proxies in Syria and Lebanon and positive reports of a ceasefire deal in Gaza.
     

Historical bullets

STIR: BLOCK: Jun'25 SOFR Call Flys

Nov-12 17:23
  • 5,000 SFRM5 96.50/97.50/98.50 call flys, 6.0 ref 95.895 at 1216:24ET

US 10YR FUTURE TECHS: (Z4) Southbound

Nov-12 17:13
  • RES 4: 112-22   High Oct 16 and a key short-term resistance 
  • RES 3: 112-00   50-day EMA 
  • RES 2: 111-14+ High Oct 25 
  • RES 1: 110-29+ 20-day EMA 
  • PRICE:‌‌ 109-15+ @ 17:07 GMT Nov 12
  • SUP 1: 109-07   Low Nov 6 and the bear trigger 
  • SUP 2: 109-05   76.4% retracement of the Apr - Sep bull cycle (cont)
  • SUP 3: 109-00   Round number support 
  • SUP 4: 108-15   2.0% 10-dma envelope

The trend structure in Treasuries is unchanged and conditions remain bearish. Last week’s move lower reinforces the downtrend and the contract is trading closer to its recent lows. A resumption of the bear leg would open 109-05 next, the 76.4% retracement of the Apr - Sep bull cycle (cont). The 109-00 handle remains exposed too. Initial firm resistance is seen at 11129+, the 20-day EMA.

US TSYS: US TSY TO SELL $64.000 BLN 17W BILL NOV 13, SETTLE NOV 19

Nov-12 17:06
  • US TSY TO SELL $64.000 BLN 17W BILL NOV 13, SETTLE NOV 19