P.M. Edition for Oct. 1. The Justice Department is reviewing whether prosecutors <a href="https://www.wsj.com/us-news/law/decades-after-watergate-justice-department-reviews-whether-nixon-got-a-raw-deal-8e25380f?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">mishandled the Watergate case</a>, decades after the scandal led to Richard Nixon’s resignation. WSJ White House reporter <a href="https://www.wsj.com/news/author/philip-wegmann?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Philip Wegmann</a> explains that the review comes as more conservatives, including President Trump, show renewed interest in Nixon’s legacy. Plus, mortgage rates had their <a href="https://www.wsj.com/economy/housing/mortgage-rates-surge-notching-largest-weekly-gain-in-four-years-e4d029af?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">biggest weekly increase</a> in four years, tracking the sharp recent rise in U.S. bond yields. Markets reporter <a href="https://www.wsj.com/news/author/david-uberti?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">David Uberti</a> discusses why more ships moving through the Strait of Hormuz haven’t done more to send gas prices and bond yields lower. And that global bound rout got messier today, as investors <a href="https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-10-01-2026/card/why-u-s-bonds-are-bouncing-back-today-z6T0cL9E2P8DNxIz2KDU?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">started picking winners and losers</a> in different countries. Alex Ossola hosts.

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