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United States
The Treasury will at least double buybacks of 10- to 30-year nominal bonds to $4 billion per operation from September 9 to November 4 (roughly $16 billion of additional purchases per quarter), while leaving coupon auction sizes likely unchanged, effectively financing the additional purchases through increased bill issuance.
United States
Here’s a look at the intraday market reactions.
United Kingdom
London is the UK’s worst-performing housing market over the past year.
Europe
Sweden’s Riksbank held its policy rate at 1.75% and maintained that a 2026 hike remains possible if the Iran conflict fuels persistent inflation.
Emerging Markets
Vietnam’s economy has outperformed its Southeast Asian peers since 2021.
Equities
Analysts expect hyperscaler EBITDA margins to rise to roughly 50% by decade-end from about 30% in recent years, a critical assumption underpinning the economics of massive AI capital spending.
Commodities
An elevated net 16% of fund managers surveyed by Bank of America consider gold to be undervalued.
Food for Thought
Economics is increasingly dominated by empirical causal methods.
