Topic
The interest rates investors demand across sovereign debt maturities, which set benchmark borrowing costs and reflect inflation, supply and policy expectations.
IMF fiscal chief Rodrigo Valdes says public debt is poised to hit 100% of GDP, the highest since World War Two, as G7 10-year yields climbed over 1 point. Nearly 30% of G7 and Spanish debt matures within a year. Investors should keep borrowing costs and fiscal risk in their planning.
Reality
Brent crude rose more than 5% to over $105 a barrel Thursday as President Trump weighed renewed large-scale strikes on Iran. For operators, the decision sets how far costs climb from here, since diesel and freight had been rising for months before it.
Reality
Foreign investors sold a net 2.59 trillion won of Korean stocks on Wednesday as the KOSPI fell 1.98% despite a record close for the Nasdaq. Local bond yields rose as global yields eased, though a Daishin analyst tied the selling to Samsung's guidance due Thursday.
Perspective Coverage
3 publishersReality
Sanae Takaichi is due to address Japan's parliament with a 370 trillion yen, 14-year investment plan whose public share her government has not specified. The speech tests the fiscal part of a bond selloff that also runs on war-driven energy costs and rate hikes.
Reality
South Korea's government wants authority to move a tax windfall of more than 60 trillion won into a new fund while the Bank of Korea is raising rates. Whether the money repays deficit bonds or feeds fund spending will help decide how far rates have to rise.
Reality
Korea's composite leading indicator reached 102.87 in August, the highest of the 17 countries the OECD publishes. The monthly gains that got it there have narrowed in each of the last five months.
Reality
Scott Bessent says term premiums show investors are not charging extra to hold long US debt. The 30-year sits at a 52-week high of 5.35%, and UBS told clients the buyback plan has had no discernible impact.
Reality
Treasury tripled a routine operation and pointed it at the two maturities where the curve is printing out of order, which is a clearer statement about where it thinks the market is thin than anything in the release itself.
Reality