macro

Treasury Secretary Scott Bessent is doubling down on long-term bond buybacks to head off surging yields. Financial analysts weigh in on whether the strategy can really tame borrowing rates for the long-term. (Source: Bloomberg)

Dollar at three-month lows as Treasury seeks to rein in surging bond yields

Copper held above $14,000 a ton in the aftermath of the US Treasury’s surprise intervention to rein in borrowing costs.

Axis Securities highlights four FMCG stocks poised for substantial growth. The trajectory of consumption is on an upward trend, bolstered by robust demand from both rural and urban areas. The sector's forecast remains positive for the medium to long term. With anticipated government spending and tax

Australia’s unemployment rate unexpectedly rose in July, supporting the Reserve Bank’s view that the labor market is likely to loosen and prompting traders to pare bets on another interest-rate increase.

Japan’s 20-year government bond auction drew stronger demand than its 12-month average as elevated yields attracted investors and US Treasury Secretary Scott Bessent’s fresh attempt to rein in borrowing costs supported sentiment.

Chinese government bond yields have remained low amid a global surge.

Gold holds near 2-month high as Treasury buybacks push yields, dollar lower

JPMorgan Chase & Co. strategists warned that markets may view the US Treasury’s surprise effort to curb long-term borrowing costs as lacking credibility, potentially pushing up the term premium and yields over time.

Australia’s unemployment rate unexpectedly rose in July, supporting the Reserve Bank’s view that the labor market is likely to loosen and prompting traders to pare bets on another interest-rate increase.