Bloomberg Markets
India’s rapid adoption of digital payments has failed to curb demand for cash, making it harder to predict how much currency will be needed, Reserve Bank of India Deputy Governor Shirish Chandra Murmu said.
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NY Times Business
The yield on the 30-year U.S. Treasury bond rose to its highest level in nearly 20 years.
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Bloomberg Markets
US equity futures fall and long-dated bond yields rally as borrowing rates rise around the world amid concerns over inflation, government spending, and the AI bond binge pile up. President Trump says he’s not interested in extending the truce agreement with Iran. Katrina Dudley of Franklin Templeton discusses the global bond selloff. (Source: Bloomberg)
MarketWatch
Higher interest rates, a global slowdown, political instability and AI capex are just four things about which investors aren’t especially troubled in late summer.
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Financial Times
Ain’t no party like a capex party, because apparently a capex party don’t stop
Bloomberg Markets
US President Donald Trump said he won’t try to revive a lapsed ceasefire deal with Iran, which gave the parties a 60-day window to negotiate a lasting peace deal. Col. Wayne Sanders (Ret.) of Bloomberg Intelligence examines what comes next after the expiry of the memorandum of understanding and with the Middle East conflict and control of the Strait of Hormuz stuck in limbo. (Source: Bloomberg)
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