Treasury liquidity flows have shifted from supportive to restrictive, with over $100 billion in net new issuance this week pressuring risk assets like equities and cryptocurrencies. Net T-bill issuance is a key factor driving short-term liquidity tightening, correlating with weaker S&P 500 and Bitcoin performance on issuance days. This restrictive environment is expected to persist until mid-June when net paydowns may provide temporary relief, but issuance will likely resume through mid-September, maintaining headwinds for risk assets. Investors should prepare for continued market challenges linked to Treasury supply dynamics in the coming months.
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
Alibaba and Baidu shares rose after Apple received approval from China's Cyberspace Administration to include Apple Intelligence, integrating Alibaba's Qwen AI model and Baidu's AI features into Apple devices in China. This partnership allows users t...
Ondo Finance has introduced the first tokenized stock representations backed by DTCC tokenized entitlements, joining major financial firms in a significant tokenization initiative. This move highlights Ondo's unique position in building infrastructur...
Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...
ERock, Inc. received a buy rating due to its innovative modular natural-gas power systems that help data centers avoid long waits for permanent grid power. The company has a strong $1.3 billion backlog supported by customer deposits, providing clear ...
