Global bond yields surge as debt fears test bitcoin’s hedge narrative
Longterm borrowing costs are reaching multidecade highs as U.S. debt approaches $40 trillion and AI hyperscalers accelerate bond issuance. Source：CoinDesk
U.S. investors have been buying stocks all month and are now sitting on profits. Here’s what might make them sell.
Given that investors are sitting on unrealized gains and there few short positions remain open, the markets are more vulnerable to a downturn in economic news…
‘Too many people go bankrupt’: Should Medicare provide catastrophic coverage?
“Such a system would help ensure that no one is financially devastated by a serious illness or injury.” Source：MarketWatch
I used a human travel agent instead of AI — and cut $2,000 off the price of my European vacation
Plus: Take our investing survey Source：MarketWatch
Why it’s better to buy stocks at record highs than wait for the next crash
Record highs are what bull markets do. If you wait for a 20% drop, you could still pay more than what you’d pay now. Source：MarketWatch
Jimmy Kimmel infuriated Trump. Now Disney is suing the FCC over what it calls a ‘retaliatory campaign.’
Disney says the Trump administration “has attacked ABC’s speech — the stories its journalists report and the viewpoints its network programs air.”…
Citi plans to launch bitcoin custody for institutional clients later this year
The Wall Street bank plans to let clients hold bitcoin alongside traditional assets through its new Custody+ platform. Source：CoinDesk
How do I deal with co-workers who constantly complain about the dumbest problems?
“They work from home, make six figures, have a good worklife balance and can take breaks pretty much whenever they want.” Source：MarketWatch
Home Depot revenue rises even as customers turn away from bigger projects
The home improvement retailer beat Wall Street estimates in its second quarter as its customers continued to take up smaller projects. Source：MarketWatch
Fund managers have rarely been this bullish about stocks, says a Bank of America survey
Higher interest rates, a global slowdown, political instability and AI capex are just four things about which investors aren’t especially troubled in late…
The TI-84 has ruled math classes for decades. Can cheaper calculators gain ground?
SAT and AP tests now offer free digital graphing options for students, but it’s harder than it seems for school districts to look beyond Texas Instruments.…
Stocks keep shrugging off rising Treasury yields. Here’s the level that could finally trigger a selloff.
The yield on the 10year Treasury yield continues to climb, but our call of the day from Strategas says that ascent will be much higher before stocks start to…