Treasury
3-MO 3.83% -7bp 6-MO 3.97% -10bp 1-YR 4.04% -5bp 2-YR 4.22% -4bp 3-YR 4.29% -2bp 5-YR 4.37% +2bp 7-YR 4.51% +4bp 10-YR 4.67% +6bp 20-YR 5.21% +10bp 30-YR 5.20% +11bp 3-MO 3.83% -7bp 6-MO 3.97% -10bp 1-YR 4.04% -5bp 2-YR 4.22% -4bp 3-YR 4.29% -2bp 5-YR 4.37% +2bp 7-YR 4.51% +4bp 10-YR 4.67% +6bp 20-YR 5.21% +10bp 30-YR 5.20% +11bp 3-MO 3.83% -7bp 6-MO 3.97% -10bp 1-YR 4.04% -5bp 2-YR 4.22% -4bp 3-YR 4.29% -2bp 5-YR 4.37% +2bp 7-YR 4.51% +4bp 10-YR 4.67% +6bp 20-YR 5.21% +10bp 30-YR 5.20% +11bp 3-MO 3.83% -7bp 6-MO 3.97% -10bp 1-YR 4.04% -5bp 2-YR 4.22% -4bp 3-YR 4.29% -2bp 5-YR 4.37% +2bp 7-YR 4.51% +4bp 10-YR 4.67% +6bp 20-YR 5.21% +10bp 30-YR 5.20% +11bp 3-MO 3.83% -7bp 6-MO 3.97% -10bp 1-YR 4.04% -5bp 2-YR 4.22% -4bp 3-YR 4.29% -2bp 5-YR 4.37% +2bp 7-YR 4.51% +4bp 10-YR 4.67% +6bp 20-YR 5.21% +10bp 30-YR 5.20% +11bp 3-MO 3.83% -7bp 6-MO 3.97% -10bp 1-YR 4.04% -5bp 2-YR 4.22% -4bp 3-YR 4.29% -2bp 5-YR 4.37% +2bp 7-YR 4.51% +4bp 10-YR 4.67% +6bp 20-YR 5.21% +10bp 30-YR 5.20% +11bp
US Treasury par yield curve · Jul 29 · Source: U.S. Treasury
Thursday, July 30, 2026
U.S. Edition
Hormuz

The maritime body that ships' masters report to has logged nothing new since 27 July, after 22 reports in the first 26 days of the month, and an empty log is not the same thing as an empty sea

A photograph illustrating dark open ocean swell.
Photo: Francesco Ungaro / Pexels

The last entry on the Royal Navy's incident log is numbered 098-26 and dated 27 July. Below it sit 21 more, running back to the first of the month without a gap in the numbering. Above it there is nothing.

United Kingdom Maritime Trade Operations is the centre merchant masters and company security officers report to when something happens to their ship. It numbers and dates every report, gives a position, and says in a paragraph what was described to it. When this desk read the list in a browser at about 10:45 on Thursday morning, it carried 22 reports, and none of them was dated later than 27 July.

That covers the three days in which the United States resumed strikes on Iran and Central Command said it had completed a heavy wave against dozens of Revolutionary Guard targets, and in which the Guard said it would punish the aggressor.

What the month before looked like

By this desk's count of the labels the page prints against each entry, the 22 break down as 13 attacks, four advisories, three reports of suspicious activity, one hijack and one illegal boarding.

The attacks cluster where the war is. Limah in Oman appears four times. Khasab, Kumzar, Qalhat and Dibba appear once each, and two entries name the Strait of Hormuz directly. On 11 July a container ship 9 nautical miles east of Oman sustained damage to its stern and caught fire, and the crew abandoned into a lifeboat before local authorities recovered them. On 19 July a vessel northwest of Kumzar was left adrift and burning. On 20 July, 8 nautical miles northeast of Limah, another crew abandoned ship into a lifeboat after an unknown projectile struck.

That is the last attack logged in the Hormuz approaches. It is ten days old.

The last attack logged anywhere is warning 095-26, on 22 July, where a tanker 70 nautical miles southwest of Al Shuqaiq in Saudi Arabia reported being struck and fighting a fire. Since then the list has recorded a splash near a tanker in the southern Red Sea, an interaction between a tanker and military forces in the Gulf of Oman, and a master who heard an explosion while transiting the southern Red Sea. Then nothing.

Why the silence proves less than it appears to

An empty log is not an empty sea, and there are three specific reasons to hold this loosely.

The first is the largest. This site reported on Thursday morning that tanker traffic through the Strait of Hormuz has effectively halted. A waterway with far fewer ships in it produces far fewer reports from ships, and on that reading the quiet is a measure of absent traffic rather than absent hostility.

The second is structural. Reports reach UKMTO through the master or through military authorities, and the scheme is voluntary. A vessel that is not participating can be hit and leave no trace on this list.

The third is scope. UKMTO records what happens to merchant shipping. It has nothing to say about strikes on land, and its silence carries no information about them either way.

The thing actually worth watching

Used carefully the log still cuts both ways, and both are reportable. A logged incident is independent confirmation of a claim made elsewhere. An empty date against a claim of activity is a second document declining to corroborate it, which is worth a paragraph so long as the paragraph also says why an absence is not a refutation.

The shape to watch now is the order in which two things return. If incidents start appearing again as traffic returns to the strait, the last three days were about how few ships were there. If they start appearing before the traffic does, they were about something else.

The document: United Kingdom Maritime Trade Operations, Recent Incidents, read in full in a browser on 30 July 2026 at approximately 10:45 a.m. Eastern. Access note for anyone checking this link, and it matters: the recent incidents page is a mapping application, and an ordinary command line fetch returns HTTP 200 together with a page reading zero reports, which looks exactly like an authority with nothing to say. It is not. Opened in a browser the same URL renders the full numbered list, and the URL resolves to ukmto.org. The page stated '22 reports'. This desk transcribed all 22 and they are, in the page's own numbering and dating: 077-26 illegal boarding 1 July, 76NM south of Balhaf, Yemen; 078-26 suspicious activity 1 July, 85NM south of Balhaf; 079-26 attack 5 July, 30NM southwest of Al Hudaydah, Yemen; 080-26 attack 6 July, 8NM east of Limah, Oman; 081-26 attack 6 July, tanker transiting the Strait of Hormuz; 082-26 attack 7 July, tanker transiting the Strait of Hormuz struck by an uncrewed aerial vehicle; 083-26 attack 11 July, 9NM east of Oman, container ship, crew abandoned and rescued; 084-26 suspicious activity 13 July, 50NM south of Aden; 085-26 attack 13 July, 40NM northeast of Qalhat, Oman; 086-26 attack 14 July, 13NM southeast of Limah, Oman, incident date 13 July; 087-26 attack 14 July, 13NM southeast of Limah, incident date 13 July; 088-26 attack 17 July, 19NM east of Khasab, Oman; 089-26 advisory 17 July, Arabian Gulf, report date 15 July, source military authorities; 090-26 hijack 17 July, 65NM south of Al Mukalla, Yemen, vessel later reported moved into Somalian territorial waters; 091-26 advisory 17 July, approximately 100NM east of Duqm, Oman; 092-26 attack 19 July, 8NM northwest of Kumzar, Oman, vessel adrift and on fire; 093-26 attack, report date 19 July at 2230 UTC and issue date 20 July, 17NM east of Dibba, United Arab Emirates, steering gear damaged; 094-26 attack 20 July, 8NM northeast of Limah, Oman, in the Strait of Hormuz, crew abandoned into a lifeboat; 095-26 attack 22 July, 70NM southwest of Al Shuqaiq, Saudi Arabia, fire onboard; 096-26 advisory 25 July, tanker and military forces in the Gulf of Oman; 097-26 suspicious activity 24 July, southern Red Sea, splash from an unknown projectile close to a tanker; 098-26 advisory 27 July, southern Red Sea, master reported hearing an explosion, crew and vessel safe. The classification counts given in this brief, 13 attacks, four advisories, three suspicious activity, one hijack and one illegal boarding, are this desk's tally of the labels the page itself prints against each entry, and they sum to the 22 the page states. The numbering is consecutive from 077 to 098 with no missing number. No entry on the list bears a date later than 27 July 2026. The list is live and may have changed since it was read; the reading time is stated above for that reason..