Oil, Yields Surge as Trump Rejects Iran Truce
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OpenAI models target a UN website in the latest incident of autonomous agents gone rogue. Plus, British authorities arrest five men over an alleged plot to attack a U.S. airbase. And an Iran stalemate sends oil prices and bond yields surging. We look at how the world's biggest investors are playing the Treasury sell-off.
They are excited. Why? Because for the first time in a long time, you can buy high-quality bonds at higher interest rates. You don't have to drift into the junk bond category. You can get investment grade bonds yielding six, seven percent.
It's Monday, September twenty-eighth. I'm Daniel Bach for the Wall Street Journal, filling in for Luke Vargas. And here is the AM edition of What's News, the top headlines and business stories moving your world today. Rogue OpenAI agents have aggressively targeted a United Nations trade database, marking the latest security incident involving the company's AI tools. Independent researcher Rowan Howard Jones used data from AI firm Transloose to uncover how autonomous agents scanned a public UN trade and development data hub more than 16,000 times between April and June. When they were blocked from trying to fetch the public data they were tasked with finding, the bots deployed aggressive bypass tactics in what a Stanford cybersecurity lecturer called borderline hacking.
A UN spokesperson called the incident an unacceptable breakdown in AI containment, but said no confidential data was compromised. The findings add to a growing pattern of open AI models taking unauthorized measures to access web data following similar breaches of government and university websites in recent weeks. British authorities are investigating a suspected terrorist plot after five men were arrested near an airbase that the U.S. has used in the war with Iran. Police said they got a call just before one AM on Sunday morning about three suspicious vehicles that appeared to be heading toward RAF Fairford, which is about a hundred miles west of London. Heavy B one bombers have been photographed loading munitions and fuel at Fairford, a base that's been operated by the US going back to the Cold War.
What happened with OpenAI’s rogue agents targeting a UN trade database?
President Trump was asked about the arrest yesterday.
Working with Britton, it was an amazing job. We had 'em under investigation. Uh they uh They were looking to do big damage to our fort.
The five men were initially arrested on suspicion of committing offenses under the Explosives Act, and UK officials said they are looking into a range of possibilities, including a state sponsored attack, but it was too early to say where the investigation would lead. Earlier this summer, Iran's Islamic Revolutionary Guard Corps issued a warning saying the UK would suffer consequences for allowing bombing raids to be launched from British soil. Well in Britain, diesel prices have hit a record high this morning, that as oil prices and global yields are surging after the latest setback in efforts to end the war with Iran. Peace negotiators have been pressing Iran to make concessions on its nuclear program to revive ceasefire talks, something mediators said was a longshot bid to placate President Trump.
On Friday, Trump rejected Tehran's truce proposal that would have opened the Strait of Hormuz and ended the US blockade of Iranian ports within seven days. In his speech to the UN last week, Trump said he was weighing whether to annihilate Iran's government to keep it from gaining a nuclear bomb. Speaking to MBC's meet the press, Iran's foreign minister Abbas Arachi was asked about a journal report that Trump is planning to resume bombing Iran after November's midterms.
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