U.S. Treasury Secretary Scott Bessent is trying to curb rising 10-year Treasury yields using various tools, including increased debt buybacks. However, traders on prediction platforms Kalshi and Polymarket largely expect yields to end 2026 higher than current levels, with chances above 4.75% and even crossing 4.8% during the year. This outlook comes amid recent bond sell-offs driven by inflation concerns, geopolitical tensions, and the U.S. national debt surpassing $40 trillion. While Treasury actions have temporarily lowered yields, market speculation suggests any decline may be short-lived, with yields likely to rise again.
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 ...
Appen Limited announced a 17% increase in revenue for the first half of fiscal year 2026, reaching $119.9 million. The standout performer was Appen China, which saw an 80% revenue growth to $76.2 million and achieved an annualized revenue run rate ex...
BlackRock has chosen not to launch XRP or other altcoin ETFs, concentrating instead on Bitcoin and Ethereum, which it views as more liquid and profitable. Industry experts consider this a risky move, but BlackRock prefers to wait until the XRP ETF ma...
Northstar Clean Technologies has been granted a new US patent for its proprietary asphalt shingle reprocessing technology, marking its fourth patent related to this process. The patent focuses on improving aggregate recovery, enhancing the company's ...
Bithumb secured a first-instance court ruling ordering repayment of about 194 million won from a user who sold Bitcoin mistakenly credited during a February promotional event. The error involved crediting 620,000 BTC internally instead of 620,000 won...
