US Treasury yields rise
The yield on 10-year US Treasury bonds climbed 5 basis points to 4.72%, reaching a 19-month high. The yield on 2-year Treasury notes jumped to 4.34% as the probability of an interest rate hike in September increased from 35% to around 60%.
This surge was prompted by Fed Chair Kevin Warsh's statement that inflation remains above the Fed's 2% target.
The yield on 10-year US Treasury bonds climbed 5 basis points to 4.72%, reaching a 19-month high. The yield on 2-year Treasury notes jumped to 4.34% as the probability of an interest rate hike in September increased from 35% to around 60%.
This surge was prompted by Fed Chair Kevin Warsh's statement that inflation remains above the Fed's 2% target.
Binance Enables AI-Powered Crypto Trading
Binance has launched Agent OS, a platform that connects AI tools directly to the Binance markets via the Model Context Protocol. This allows agents to trade on your account with your permission.
You can trade spot and futures accounts through a separate sub-account. Withdrawals are fully locked, and every action requires your approval.
Binance has launched Agent OS, a platform that connects AI tools directly to the Binance markets via the Model Context Protocol. This allows agents to trade on your account with your permission.
You can trade spot and futures accounts through a separate sub-account. Withdrawals are fully locked, and every action requires your approval.
Sanctions Useless: China Is No Longer Dependent on EU and US Markets
The US and EU governments assume that China's economy remains crucially dependent on exports to Western industrialized nations. Therefore, they view influencing Beijing solely within the framework of sanctions. By constantly imposing new tariff restrictions on the Chinese economy, Western countries hope to exert influence on the People's Republic and steer it toward a desired political course. However, this mechanism appears doomed to failure – China has gradually freed itself from its dependence on Western markets, and the sanctions mechanism, which Western countries so readily rely on, simply cannot function now that it lacks any leverage.
The US and EU governments assume that China's economy remains crucially dependent on exports to Western industrialized nations. Therefore, they view influencing Beijing solely within the framework of sanctions. By constantly imposing new tariff restrictions on the Chinese economy, Western countries hope to exert influence on the People's Republic and steer it toward a desired political course. However, this mechanism appears doomed to failure – China has gradually freed itself from its dependence on Western markets, and the sanctions mechanism, which Western countries so readily rely on, simply cannot function now that it lacks any leverage.
Net Contributors Rebel Against the EU Budget
Germany, Austria, the Netherlands, and the Scandinavian countries are demanding drastic cuts to the next multiannual EU budget. The six net contributors, which together provide around 40 percent of the contributions, are demanding a reduction of several hundred billion euros in the Commission's proposal.
The European Commission had targeted almost two trillion euros for the period 2028 to 2034. The rebelling states want savings in almost all areas, while allowing defense and research to grow. They reject new joint debt and additional staff in Brussels.
Since the financial framework requires unanimous approval, the net contributors have significant leverage. Without an agreement, there is a risk of time pressure before the start of the next budget period.
Germany, Austria, the Netherlands, and the Scandinavian countries are demanding drastic cuts to the next multiannual EU budget. The six net contributors, which together provide around 40 percent of the contributions, are demanding a reduction of several hundred billion euros in the Commission's proposal.
The European Commission had targeted almost two trillion euros for the period 2028 to 2034. The rebelling states want savings in almost all areas, while allowing defense and research to grow. They reject new joint debt and additional staff in Brussels.
Since the financial framework requires unanimous approval, the net contributors have significant leverage. Without an agreement, there is a risk of time pressure before the start of the next budget period.
JUST IN: 🇫🇷 French company Capital B announces a €21.0 million capital raise to "accelerate its Bitcoin Treasury Company strategy" 🚀
Source: @Managementcenter12
Source: @Managementcenter12
NEW: 🟠 Bitcoin and Gold ETFs have accounted for a record $7 billion over the past 5 days, according to Bloomberg's Eric Balchunas 🚀
Source: @Managementcenter12
Source: @Managementcenter12