U.S. 10-year Treasury yield breaks 5%, highlighting structural risks

By: keiko

On Monday, the U.S. 10-year Treasury yield surpassed 5% for the first time since 2023, driven by mounting inflation concerns clashing with rising government and corporate borrowing demand. As a benchmark for U.S. mortgage rates and global bond yields, the rate surged nearly 5 basis points to 5.01%, before easing as buyers stepped back. In […]

The Clarity Act reignites expectations, sparking cautious optimism in the crypto market

By: keiko

Gains in the cryptocurrency market have stalled as optimism waned over progress on a key U.S. regulatory bill this week. The probability of the Clarity Act passing this year had surged above 30% on Polymarket during U.S. trading hours, but dropped back to 18% during early Asian trading on Tuesday. As a result, BTC—representing about […]

Despite a 90% chance of rate hikes, Trump still calls for lower interest rates

By: keiko

Although Kevin Warsh, the Federal Reserve chair nominated by President Trump, now faces renewed pressure to raise borrowing costs, Trump has reiterated that the U.S. should have the lowest interest rates in the world. “We should pay—America is so strong—we should pay the lowest interest rates in the world, whatever their formula is,” Trump told […]

The scale of the buyback failed to satisfy markets, and long-end U.S. Treasury yields continued to spiral out of control.

By: keiko

Treasury Secretary Scott Bessent announced on Wednesday an expansion of his department’s debt buyback program, but this unusual move was met with disappointment. The initial expanded buyback amount announced proved insufficient to halt market declines. The Treasury plans to purchase up to $6 billion in long-term bonds—triple the amount planned last month—but this fell short […]

Beinstein: I’m the house, come and try me

By: keiko

Treasury Secretary Scott Bessent has challenged traders to test his determination to strengthen the yen. He said that when he makes market predictions today, he is effectively acting on inside information. “I’m the house now, so when we intervene in the yen exchange rate, I have a very clear understanding of what the Japanese, the […]

Tariff pressures hit exchange inventories, pushing copper prices to record highs

By: keiko

Copper prices surged at the London Metal Exchange (LME) for several consecutive weeks, reaching a new all-time high, driven by expectations that U.S. President Donald Trump would expand tariffs on refined metal imports. The LME’s three-month benchmark futures price rose as much as 0.8%, hitting $14,533 per ton—surpassing the previous record set in January—before easing […]

U.S.-Iran conflict escalates over the weekend, pushing Brent crude prices closer to $100

By: keiko

Over the past week, tensions between the U.S. and Iran have intensified, sparking market concerns over further disruptions in energy transit through the Strait of Hormuz and driving up oil futures prices. Following Iran’s weekend claim that it attacked three vessels that had entered designated shipping lanes without authorization, as well as three ships linked […]

August nonfarm payrolls showed strong growth, but analysts believe CPI will be the key to determining whether interest rates rise.

By: keiko

U.S. job growth in August was robust and the unemployment rate remained stable, indicating a more vibrant labor market than previously expected. According to data released Friday by the U.S. Bureau of Labor Statistics, nonfarm employment rose by 162,000 in August, while July’s unemployment figures were revised to zero. The report shows the labor market […]