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Today saw a significant sell-off in US Treasuries, pushing 10-year yields to their highest levels since 2002, reaching 5.34%. This surge is part of a broader trend affecting global markets, with UK 10-year gilt yields also rising to 5.51%, the highest since 2007. Analysts describe the situation as a “vicious loop” of selling, impacting government borrowing costs worldwide. In research news, an international team has created a massive single-cell genetic atlas, profiling over ten million immune cells from Finnish individuals. This study, published in Nature, offers new insights into how genetic variants influence immune function, marking a significant step in understanding immune diseases. On the tech front, Google DeepMind has introduced a watermarking system for AI-designed proteins, allowing researchers to identify machine-generated proteins without affecting their functionality. This innovation could enhance the integrity of biological databases crucial for scientific research and biosecurity. Google also announced a new version of its AI model, Gemini 4 “Argon,” claiming it outperforms competitors in coding and cybersecurity tasks. The model is expected to bolster Google’s market share in enterprise AI, which is a key focus for the company. Notably, Argon is aiding quantum computing researchers by optimizing resources, achieving a 40% improvement in performance in a short time.