U.S. bond yields are already surging again a day after Bessent’s debt-buyback plan
Treasury Secretary Scott Bessent’s plan to calm markets is being shortcircuited. Source：MarketWatch
The energy market’s rising ‘crack spread’ is threatening to break the American consumer
The energy market is sending a warning to cashstrapped consumers: Don’t expect prices at the pump to come down anytime soon. Source：MarketWatch
Bitcoin's jump above $71,000 sets up bullish golden cross pattern
Bitcoin’s improving momentum could produce a golden cross, but the rally still faces an important test. Source：CoinDesk
Crypto for Advisors: What are tokenized deposits?
Banks are moving deposits onchain using permissioned systems, not open ones. See why privacy and compliance dictate this path in this week's newsletter.…
Federal Reserve Board issues enforcement action with SouthPoint Bancshares, Inc. and announces termination of enforcement action with Deutsche Bank AG, DB USA Corporation, and Deutsche Bank AG New York Branch
Federal Reserve Board issues enforcement action with SouthPoint Bancshares, Inc. and announces termination of enforcement action with Deutsche Bank AG, DB USA…
Federal Reserve Board issues enforcement actions with former employee of Regions Bank and former employee of United Community Bank
Federal Reserve Board issues enforcement actions with former employee of Regions Bank and former employee of United Community Bank Source：Federal Reserve
Conditions are ripe for a market ‘accident,’ but surging bond yields alone won’t cause it, concedes pessimistic strategist
The rise in bond yields renders markets more vulnerable to bad news, observes the “permabear” Albert Edwards of Société Générale. Source：MarketWatch
Bitdeer signs $400M AI cloud computing deal for Malaysia facility
Bitdeer expects revenue from the fiveyear agreement to begin in early 2027 as it builds toward 350 megawatts of AI cloud capacity by 2028. Source：Cointelegraph
You’ve all heard AI is remaking the economy. Here’s how it’s changing lives — for better or worse.
AI, not Trump, is the big mover of the economy, this analyst says — and it’s just going to get bigger. Source：MarketWatch
Cybersecurity firm unveils crypto phishing campaign targeting 885,000 phone numbers
Rapid7 unveiled a new cryptocurrency phishing campaign targeting 885,000 phone numbers, aiming to steal investors’ holdings by redirecting them to fake wallet…
Treasury’s buyback blitz may end up driving bond yields higher, warns JPMorgan. Here’s its advice for investors.
Strategists Jay Barry and Jason Hunter are predicting fallout from the Treasury’s move that they see as not even needed. Source：MarketWatch
Walmart shares slide as U.S. sales hit by falling drug prices
The supermarket chain reported comparable U.S. sales growth of 2.6% in its secondquarter earnings, its lowest in over six years. Source：MarketWatch