The yield on the 30-year U.S. Treasury bond surged to 5.311%, its highest level since 2007, driven by global yield increases, fiscal concerns, and inflation risks. Despite weak U.S. economic data, factors such as rising yields in Japan, potential further Federal Reserve rate hikes, and heavy Treasury supply are pushing yields higher. This trend signals increased borrowing costs and market uncertainty, with strategists warning that yields could climb further to 5.60%-5.70%. Investors face risks from global economic shifts, persistent inflation, and debt supply challenges, leaving little margin for error in bond markets.
SUI cryptocurrency is currently trading at $0.6761, slightly down by 0.25% in the last 24 hours, holding just above a key support level. It has fallen 87.3% from its January 2025 high of $5.35. Analyst Michaël van de Poppe identifies the $0.65–$0.67 ...
Babcock & Wilcox (BW) is rated a strong buy due to its strategic position in providing fast, modular power solutions for data centers amid rising demand and grid limitations. The company secured a $2.4 billion Base Electron contract and has a $14 bil...
The Ethereum Foundation has announced that the upcoming Glamsterdam upgrade, activating on the Platåberget testnet on August 20, will change gas cost assumptions for certain ETH transfers. Specifically, EIP-8037 introduces a new state gas charge for ...
Great Western Mining Corporation has launched a fully funded drilling program at its Defender Tungsten Project in Nevada, targeting a maiden mineral resource estimate by the end of 2026. The program involves drilling at least 7,000 feet across up to ...
BHP Group reported a 9% rise in full-year profit to $9.83 billion, driven by higher copper prices which made copper the largest contributor to its underlying EBITDA at 54%. Revenue increased 15% to $58.8 billion, with underlying EBITDA up 27% to $33 ...
