
30-Year Treasury Yield Hits 5.34%, 19-Year High
U.S. 30-year yields hit a 19-year high of 5.34%, as fiscal deficit fears, hyperscaler debt supply, and inflation above 3% drove a historic bond selloff.
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U.S. 30-year yields hit a 19-year high of 5.34%, as fiscal deficit fears, hyperscaler debt supply, and inflation above 3% drove a historic bond selloff.

Kevin Warsh steps to the podium Friday as Fed Chair for the first time at Wyoming's annual symposium, with bond yields at multi-year highs and traders pricing roughly 40% odds of a September rate…

The Fed's preferred July inflation gauge releases at 8:30 a.m. ET with core PCE seen at 3.3% and headline at 3.6%, the decisive input before September's rate vote and Warsh's Jackson Hole debut.

Williams-Sonoma posted $1.93 Q2 2026 EPS versus $1.80 expected, a 7.3% beat with operating margins up 240 basis points year-over-year, confirming premium home spending is holding firm under…

Senate leaders have scheduled a cloture vote on the landmark CLARITY Act for September 15, though prediction markets assign only a 24-37% probability to the bill becoming law in 2026.

Barclays declares the biotech M&A freeze definitively over on CNBC as 2026 pharma dealmaking crosses $134B across 33 deals, led by AbbVie's $10.9B Apogee acquisition and Roche's Hanmi obesity bet.

Tesla shares surged more than 5% after Nevada approved 5,000 commercial robotaxi permits in Clark County while the Cybercab simultaneously launched for Austin employees -- the first US…

Alibaba's HK$80 billion Hong Kong share placement closed August 26 with nearly three times oversubscription and over HK$200 billion in total orders, with all proceeds directed to full-stack AI…

Gold posted its strongest monthly gain since January in August 2025, climbing 10% to $2,634 per troy ounce as record central bank purchases and a $100 trillion global debt backdrop drove…

Hyperscaler capex is on pace to hit $770 billion in 2026 as Alphabet posts its first-ever negative free cash flow quarter, reshaping corporate bond markets and competing with U.S. Treasury…

The US Dollar Index fell to 98.96, a three-month low, as $40 trillion in federal debt, AI-driven Treasury supply competition, and Warsh rate uncertainty combine to pressure the greenback.

OPEC+ finalizes its 188,000-bpd September hike as full output rollback completion and fading geopolitical risk converge to pressure crude oil prices.

WTI crude fell to a one-week low near $72.51 as markets concluded Bessent's Operation Economic Outcast poses less supply risk than military escalation.

China is delaying customs approvals on germanium and quartz shipments to Taiwan, pushing delivery times into months-long territory and costing some manufacturers orders, Nikkei Asia reported on…

The Strait of Hormuz has effectively closed to commercial shipping as war-risk premiums reach 40 times normal and six P&I clubs pull all tanker cover, marking the gravest disruption to global…

SpaceX SPCX stock fell nearly 5% on Aug. 20 as 319 million newly unlocked shares expanded the public float while Trump's newly disclosed personal stake intensifies conflict-of-interest scrutiny.

Beijing orders Chinese refiners to ignore U.S. Iran sanctions as Bessent's Operation Economic Outcast prepares to sanction a major financial institution.

New single-family home sales plunged 10.5% in July to a 607,000 annual pace, the sharpest monthly drop of the year, as 6.77% mortgage rates keep prospective buyers on the sidelines and the median…

Eli Lilly's retatrutide cleared Phase 3 with near-surgical weight loss as Orforglipron prescribers surged from 8,000 to 36,000 since launch, setting up a Q1 2027 BLA filing.

Jazz Pharmaceuticals receives FDA approval for Ziihera (zanidatamab-hrii) as the first new HER2-targeted gastric cancer therapy in over 15 years, setting a new survival benchmark.

Canada's PM Mark Carney declares economic war on the U.S. and unveils $100 billion in retaliatory tariffs taking effect September 8 after trade talks collapse over sovereignty demands.

Zoom beats Q2 FY2027 consensus and raises full-year guidance, with AI Companion paid adoption accelerating as enterprise revenue outpaces the broader business for a second consecutive quarter.

The Stoxx 600 and DAX held near all-time highs on August 25 as the Hang Seng slid 1.9% and the Nasdaq fell 0.76%, cementing Europe's strongest relative week against global peers in months.

Salesforce Q2 FY2027 earnings land August 26, with $1.2B Agentforce ARR becoming the market's definitive test for whether enterprise AI is monetizing or just being piloted.

Intuit Q4 FY2026 EPS rose 30%-plus year over year, clearing consensus as Intuit Assist AI drove platform monetization across TurboTax and QuickBooks.

Dick's Sporting Goods Q2 2026 revenue surged ~55% to ~$5.65B on the Foot Locker acquisition, but EPS fell ~13% as tariff costs and thin Foot Locker margins squeezed profitability hard.

LEGO posted record H1 2026 revenue of $6.54 billion, up 21% year-over-year, as botanical sets and Formula 1 lines powered the season's strongest consumer discretionary earnings beat.

Bessent's $4B buyback couldn't hold the 30-year yield below 5.20%, exposing Washington's bind between $40 trillion in debt and AI infrastructure financing.

Core PCE is on track for a 3.2% annual print in Wednesday's BEA release, cementing the Fed's rate hold and slashing September cut odds to below 31%, with Jackson Hole as the final wildcard.

The Conference Board releases its August consumer confidence index Tuesday at 10 a.m. ET -- the week's decisive macro reading -- after Michigan sentiment collapsed to 51.0 and July retail sales…