News

Gold advanced during a week of rising bond yields and a stronger dollar. The apparent contradiction shows why the source of a yield move, and the strength of demand for gold, matter more than a simple market rule.

The Trump–Xi summit extended the U.S.–China trade truce and reopened room for negotiation, but it did not remove the policy uncertainty surrounding tariffs, critical minerals and technology.

The Fed is modernizing how banks borrow against collateral. The changes could reduce forced Treasury sales and strengthen funding-market resilience during stress.

Central-bank projections, economist surveys and market curves are sending different messages about where rates go next. The gap is not necessarily a contradiction—it is a map of uncertainty, risk premia and different assumptions.

The Fed raised rates by 25 basis points to 3.75%–4.00%. Its new projections suggest another increase may follow as inflation stays high and growth remains resilient.

The Fed’s September meeting will test whether hotter headline inflation and steadier hiring shift the committee’s rate path—and whether its projections, vote and balance-sheet guidance tell one coherent story.

The ECB has lifted rates by 25 basis points as energy costs push inflation higher, but steadier underlying prices and resilient growth make the next move less certain than the headline suggests.

Larger U.S. Treasury bond buybacks are now under way. Their success should be judged by market liquidity and execution—not by whether long-term yields immediately fall.

The 2026 U.S. midterms could reshape fiscal policy, but markets should watch legislation, Treasury supply and long-term yields—not rely on a partisan trading rule.

Bitcoin treasury companies are not clean proxies for Bitcoin. Debt, preferred dividends, dilution, collateral terms and liquidity determine what common shareholders ultimately own.