Global bond yields fell after the US Treasury said it plans to buy back more longer-dated bonds. The intervention by Scott Bessent came after borrowing costs hit multi-year highs. Data released hours later showed total US public debt surpassed $40 trillion for the first time. President Donald Trump says the US will subject Iran to “Economic Warfare” threatening “tremendous consequences” for anyone doing trade with Tehran. Novonesis jumped more than 10% after announcing its first-ever share buyback program, ...

Scott Beasant has tried many different ways to bring rates lower. Long yields rate rates lower in the United States. Is his latest attempt going to be successful.Uh. Morning, Guy. I think that the short term, you can say with some confidence that, yes, the market is taking this, uh, relatively positively.Um, we had a pretty decent move at the back end of the yield curve yesterday, the Bloomberg bond index for US treasuries. Do you, in 20 years or more, had its best single day since February last year. Uh, s ...

>> VERY GOOD THURSDAY MORNING TO YOU. I'M CHAD THOMAS AND HERE ARE YOUR TOP STORIES. ASIAN STOCKS JUMP AFTER BOND MARKET RALLY AS THE U.S. GOVERNMENT STEPS IN TO BUY LONGER DATED TREASURIES IN A BID TO STEM SURGING YIELDS.PRESIDENT TRUMP VOWS ECONOMIC WARFARE AGAINST IRAN, THREATENING TO TARGET THE COUNTRIES TRADING PARTNERS. ANOTHER TWIST IN THE ITALIAN BANKING MNA SAGA. MONTE DEI PASCHI DIRECTORS WILL MEET TODAY TO CONSIDER OPTIONS TO FEND OFF THE TAKEOVER BID.LET'S TAKE A LOOK AT WHAT'S HAPPENING ON THE ...

The market reaction suggests that this is an important tactical move from the Treasury, a little bit unexpected. I wasn't surprised, what I think, that threat was out there for a while. Like, I think market participants knew that this administration would look to doing things that are unconventional.The general upward pressure that comes every time there's a voracious demand for capital. And that's what we have right now. And I just don't think any of those are going to change, you know, short of a recessio ...

Market reaction suggests that this is an important tactical move, uh, from the Treasury, uh, a little bit unexpected. So you're probably getting an outsized reaction, uh, right now. Uh, but I don't think it changes the fundamentals.Uh, big fiscal deficits. Uh, the fed on the sidelines, the U.S. Treasury has, you know, 2 billion worth of funding to do per annum at it. At its current pace, it needs to roll over about 2 billion of debt every every month, actually 6 billion every quarter.So, you know, you're ju ...

Geopolitical and Macroeconomic Dynamics - The United States administration announced a shift in its Iran strategy toward economic warfare, threatening sweeping consequences for countries providing economic lifelines to Iran[1][10] - The United Arab Emirates cut financial and trade ties with Tehran, significantly impacting Iran's economy which is already facing a record low currency, hyperinflation, and power blackouts[11][15] - Ethiopia's central bank announced an unscheduled special auction to sell 500 million dollars to defend the Ethiopian birr, which is trading around 163 against the dollar with analysts projecting it could weaken to a range of 185 to 195[78][79][83] Monetary Policy and Sovereign Bond Markets - United States Treasury Secretary Scott Bessent initiated a bond buyback plan to rein in long-term borrowing costs, driving Treasury yields and the dollar down while boosting global bond and equity markets[1][6][32] - The United States fiscal deficit is projected to average about 6% of gross domestic product over the next decade, with the Treasury competing with private sector artificial intelligence hyperscalers for long-term bond issuance[32][33] - South Africa's annual inflation eased more than expected to 4.3% in July compared to 5% in June, falling below the median estimate of 4.5%[86] Corporate Earnings and Technology Sector Developments - Moderna shares surged by a record 177% after its Phase 3 melanoma vaccine trial conducted with Merck met primary endpoints, driving the healthcare sector to record highs[3][46][52] - Asian markets rallied led by the technology sector, with SK Hynix shares increasing about 13% after announcing a massive share buyback plan of about 29 billion dollars and raising its shareholder return plan above 50% of accumulated cash flow[7][8][55] - Samsung Electronics reported a shareholder return plan valued at about 72 billion dollars[8]

Macroeconomic & Market Dynamics - U.S. Treasury announced increased debt buybacks to lower borrowing costs, triggering a massive rally in Asia-Pacific risk assets, equities, and a three-month low in the U.S. dollar [2][5][6][62] - The 30-year U.S. Treasury yield touched the 5.3% threshold, prompting tactical interventions from the Treasury [14][19][127] - Global bond yields moved lower across the Asia-Pacific region, while gold and crypto assets such as Bitcoin rallied to around $70,000 [6][7] Industry Trends & Corporate Earnings - China's tech earnings season produced mixed results, with Baidu and Tencent seeing stock declines, and Kuaishou reporting a one-third drop in net income—its biggest decline since 2021—due to higher revenue sharing and increased AI investments [2][45][52] - Alibaba is positioned as a market leader in cloud computing infrastructure with over a third of the market share, anticipating 11% margins [52][53] - Hong Kong Exchanges and Clearing (HKEX) reported a 21% rise in second-quarter net income, driven by robust trading volumes and an active IPO pipeline [94] Technology & Robotics Supply Chain - Lead Shine Technology experienced significant growth in motion control components, shipping over 120,000 units of frame torque motors (a 10-fold year-over-year increase) with orders surpassing 1 million units [85] - Synova achieved unicorn status in the humanoid robot dexterous hands sector, targeting over 10,000 units in shipments by the end of the year and pricing individual hands between 10,000 USD to 30,000 USD [209][214]

Macro & Monetary Policy - U.S. Treasury announced plans to double bond buybacks for 10-year and 30-year notes, causing 30-year yields to fall by 10 basis points[1][3][51] - U.S. public debt reached $40 trillion, with ongoing concerns over fiscal deficits and inflation[3][11][105] - U.S. and Canada reached a tentative trade deal reducing auto tariffs on certain exports to 15% and steel/aluminum to 25%[43][44] - President Trump announced unprecedented economic operations against Iran, while crude oil continued to move through the Strait of Hormuz via southern routes[26][49][71] Corporate Performance & Market Trends - SK Hynix announced a $29 billion share buyback plan to stabilize its stock price, alongside reports of raising advanced chip-making prices by 10% to 15%[1][130][134] - AIA reported a 13% growth in the value of new business to $3.2 billion, with operating profit after tax per share growing 13% and return on equity (ROE) reaching 17.5%[53][54] - Alibaba's cloud business revenue growth and AI spending came into focus ahead of first-quarter results, with free cash flow expected to see 17 billion yuan in negative territory[27][29] - Hong Kong Exchanges and Clearing delivered a record half-yearly net profit with year-to-date average daily turnover exceeding 280 billion Hong Kong dollars[31][33][34] - Northern Star Resources reported a net income of $0.66 billion, while Evolution Mining reported a full-year profit of 0.5 billion Australian dollars, up 59% year-over-year[4][75]