๐จ๐บ๐ธ Bessent has become the most interventionist U.S. Treasury Secretary in decades, according to Bloomberg. Yesterday, the Treasury took action to curb extremely high yields in the government bond market by doubling its purchase of long-term bonds. Former President Trump urged Americans not to worry about bond market volatility. The U.S. Treasury has identified a critical threshold for 30-year bond yields at 5.30%, experts report.
โจ The Central Bank of Russia is discussing the possibility of conducting cross-border transactions using digital rubles with other countries.
๐ฒ๐ฝ๐บ๐ธ Mexico seeks a deal from the U.S. similar to the agreement with Canada, according to BBG. Reports indicate that Ottawa and Washington have reached a preliminary agreement to reduce import tariffs on Canadian steel and aluminum to 25%, while tariffs on Canadian automobiles could be cut to 15%.
๐ฅโด๏ธ Coinbase has integrated perpetual futures trading from the exchange Hyperliquid into its Base App. Yesterday, during a meeting with top figures in the crypto industry, Trump announced that the SEC chairman is working on bringing Hyperliquid to the U.S. market.
โจ Eighteen years ago, Satoshi Nakamoto first reached out to Adam Back about Bitcoin (BTC). The New York Times, following an extensive 18-month investigation, now considers the legendary cypherpunk and CEO of Blockstream, Adam Back, to be the real Satoshi Nakamoto. However, Adam Back has consistently denied these claims.
โ ๏ธ๐จ๐ณ๐ฏ๐ต China has expressed its intention to counter Japan's attempts to acquire nuclear weapons. Zhang Hanhui, the Chinese ambassador to Moscow, made this statement in an article for TASS. He urged Japan not to "play with fire" regarding nuclear issues. For more details, visit TASS.
๐ง Apple is set to unveil wireless AirPods featuring built-in AI and a camera no earlier than 2027, according to BBG.
๐ OpenAI is set to pursue an IPO in 2027, according to CNBC. Meanwhile, its competitor, Anthropic, plans to launch its IPO in September 2026. The upcoming IPO for Anthropic could potentially become the largest in history, with earlier reports from the Financial Times suggesting a valuation of $2 trillion at the time of the offering.
โ ๏ธ๐ท๐บ Prices for hotels in St. Petersburg have surged, and airline and train tickets are selling out rapidly due to the upcoming concerts of Kanye West, according to Baza. The rental market is also experiencing significant increases as reported by ะฆะะะ. During the initial concerts scheduled for October 10 and 11, property prices in the city could rise by as much as 200%, warns Rossiyskaya Gazeta.
๐จ๐ท๐บ Today, the Bank of St. Petersburg announced its dividend payout for the first half of 2026.