The US Treasury plans to double its buybacks of long-term bonds to at least $4 billion per operation starting September 9, aiming to curb rising 10- and 30-year yields that reached highs not seen since 2007. This move is a softer form of yield curve control, intended to support bond prices without setting a formal yield ceiling. The effort reflects concerns about the $40 trillion federal debt and growing interest costs, which pressure government borrowing and the broader economy. Market watchers, including Stanley Druckenmiller, warn this could distort bond market signals, while bitcoin bulls see potential gains amid fears of yield suppression. The effectiveness of this strategy will be tested as buybacks begin and markets react to Washington's resolve.
Since 2022, the amount of credit card debt that is 90 days overdue has almost doubled, indicating growing financial stress among borrowers. However, the rate of new delinquencies has not increased, suggesting that while existing overdue balances are ...
Aminex PLC shares surged 51.1% after confirming active negotiations with Tanzanian authorities on the Ntorya gas development project. High-level discussions involve the Tanzanian Ministry of Energy and key regulatory bodies, signaling progress toward...
Thruvision Group PLC shares rose 14% following a new order from the Canadian government, marking the company's first government contract and entry into Canada's entrance security market. The order involves installing Thruvision's 8108 WalkTHRU system...
The US government transferred about 0.0048 BTC, worth roughly $377, seized from Alameda Research accounts on Binance.US around three years ago. This small movement follows larger transfers of seized assets related to Alameda and FTX earlier this year...
Realty Income remains a Strong Buy due to its solid execution, upgraded guidance, and strategic capital moves despite rising interest rates. The company’s $6 billion joint venture in data centers and increased investment guidance to $10 billion posit...
