Report: Iran Still Turning to Bitcoin to Bypass Sanctions and Stabilize Economy
Iran is using bitcoin to bypass sanctions, with its central bank tolerating the practice, a report says.
China is set to release inflation figures on Wednesday, following a busy day of China-related news on Tuesday.
China is set to release inflation data on Wednesday, September 9.
Tuesday saw a flurry of China-related headlines:
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Iran is using bitcoin to bypass sanctions, with its central bank tolerating the practice, a report says.
The US Treasury's $6 billion bond buyback, triple its usual size, failed to lower yields as the market sold off. Critics called the plan a bluff.
The Treasury sold 10-year notes at 4.834%, a stop through of 1.5 bps, and saw a bid-to-cover of 2.71.
Treasury confirmed a buyback of up to $6 billion, a figure that disappointed, while 30-year yields touched a session high of 5.29%.