Japanese Government Bond yields continue to surge, 20yr to its highest since 1999

Japanese Government Bond yields continue to surge, 20yr to its highest since 1999

Treasury yields climb, 30-yr nears 5%! Investors weigh supply, shutdown & tariff risks. PCE data in line.

Japan August S&P Global Services PMI 53.1 (expected 52.7) Services and Composite PMIs from Japan

PBOC is expected to set the USD/CNY reference rate at 7.1476 – Reuters estimate. PBOC CNY reference rate setting for the trading session ahead.

US indexes dip on rising yields; SMCI drops 29% amid valuation concerns. CYTK, IONS, UTHR surge on trial data.

Gold hits $3,540, up 33% YTD on rate cut hopes & safe-haven demand. Silver surges 40%!

Prediction markets Polymarket and Kalshi are cashing in on "Trump leaving office" bets Traders are effectively wagering on scenarios such as resignation, removal, or, in Polymarket’s case, death.