
U.S. to Buy Back More Longer-Term Bonds
“The current maximum size of $2 billion per operation will be at least $4 billion per operation,” the U.S. Treasury said.
تابع أحدث الأخبار المالية والاقتصادية وتحديثات الأسواق والتقارير والتحليلات على PipVero.

“The current maximum size of $2 billion per operation will be at least $4 billion per operation,” the U.S. Treasury said.

Customers are demanding refunds and stopping orders over almost-empty boxes and missing ingredients from Blue Apron and Marley Spoon.

Marc Segura, the President of ABB Robotics, tells CNBC's Ritika Gupta that industrial robotics is entering a new era as machine and artificial intelligence converge. He also discusses China's Unitree IPO, Europe's role in the global robotics and physical AI race, and SoftBank's impending acquisition of ABB Robotics, which he says is on track for year-end.

Stocks extended their decline for a third straight session on Aug. 18, renewing debate over the durability of the equity rally at a moment when rising Treasury yields, persistent inflation concerns, and a still‑simmering conflict with Iran threaten to keep pressure on risk assets. The S&P 500 remains near record territory, but yesterday's pullback was driven by weakness in semiconductor stocks, a leadership group that has powered much of the market's advance.

The rise in real rates is driven by heavy Treasury debt issuance paired with hawkish Fed policy keeping inflation expectations low—a combination creating unsustainable public and private debt-servicing costs. A showdown is looming between the Fed, the Treasury, and investors over which entity blinks first, and this will determine the path of TIPS prices.

The US Treasury says it will be buying back more longer-dated debt, a move designed to stop the surge in long-end yields. Former St. Louis Fed President James Bullard says this seems like an important tactical move, but it won't change the fundamentals.

Hermes delivered accelerating Q2 revenue, a 41% operating margin, and 18% free cash flow growth despite luxury sector headwinds. HESAY trades at ~35x P/E, a 20% discount to its 15-year average, with analyst consensus suggesting 17-20% upside from current levels. Volume growth has returned, especially in Leather Goods, alleviating concerns about new workshop capacity sitting idle.

James Bullard, former president of the St. Louis Fed and dean of Purdue's Mitch Daniels School of Business, says raising interest rates in September isn't too bad of an idea for the Federal Reserve. He speaks on "Bloomberg Surveillance.

Cantor Fitzgerald will serve as a broker, meaning it will organize the block trades on Kalshi's event contracts for its clients. Susquehanna International Group will provide pricing and liquidity as a market maker in these trades with Cantor's clients.

The Treasury Department said Wednesday that it will more than double the size of government-debt buybacks, sending yields sharply lower and stocks higher at the market open.

Gennadiy Goldberg, TD Securities head of US rates strategy, says interest rate hikes by the Federal Reserve could help flatten the yield curve. But he believes the Fed is going to try and hold rates steady.

Productivity growth helped absorb much of the inflationary pressure from higher tariffs last year, though other forces kept price growth above the Federal Reserve's target.

Q2 earnings have been stellar, while July inflation data was just what the doves ordered. Retailer results hit this week, and NVIDIA reports next Wednesday, offering fresh clues on consumer strength and the AI boom.

What matters in U.S. and global markets today. The bond storm quietened a bit overnight but left equity markets bruised, with an uneasy calm hanging over markets as the U.S. Treasury prepares to sell 20-year debt later on Wednesday.

Fundstrat's Mark Newton says it's not time to panic about surging bond yields driving a deeper stock rout. He offers technical evidence to back his case.