Treasury Hits $6B Buyback Cap as 10-Year Yield Touches 24-Year High
The Treasury used its full $6 billion buyback limit while the 10-year yield hit 5.342%, a 24-year high, and bitcoin traded at $84,624.
The Treasury used its full $6 billion buyback limit while the 10-year yield hit 5.342%, a 24-year high, and bitcoin traded at $84,624.
India and mainland China markets are closed Friday. Hong Kong reopens without Stock Connect as the US jobs report looms.
Tokyo core CPI rose to 2.7% in September, beating forecasts and strengthening the case for a BOJ rate hike.
Japan's Tokyo CPI for September beat expectations across all categories; the unemployment rate rose to 2.5% versus a predicted 2.4%.
Dallas Fed President Lorie Logan said the central bank must raise rates by at least half a percentage point to achieve policy restriction and control inflation.
Goldman Sachs delayed its forecast for the next Fed rate hike to December from October after softer inflation and dovish Fed comments.
China halted fuel exports for October and Russia extended its diesel ban, potentially raising inflation and giving the Fed reason to hike rates, which could…
Frank Holmes explains why Bitcoin mining is a 'tier one' AI data center and expects $100 trillion in money printing, favoring Bitcoin and gold.
Darius Dale says a drop in funding liquidity may cause near-term volatility, but if liquidity returns in 2027, Bitcoin could rise over 12-18 months.
Tokyo core CPI for September expected to rise 2.4% y/y, reinforcing case for further BOJ rate hikes. Release at 2330 GMT.
Fed's Cook said supply shocks are becoming more policy-relevant and named AI as top 2027 risk, noting near-term inflation from buildout.
This article previews the September non-farm payrolls report, including consensus estimates and seasonal trends.
Fed Vice Chair Philip Jefferson said the central bank may take more time to decide on rates, emphasizing data-dependence. He noted inflation above target and…
Kansas City Fed President Jeff Schmid said rising long-term rates are straining housing and commercial lending, while other officials discussed AI's impact.
Trump suggests inflation could reduce the national debt, while Cayman Islands hedge funds emerge as major Treasury buyers.