US Treasury yields continue their recovery following the announcement of a bond buyback by the US Department of the Treasury, while data reveal that business activity remains solid despite a slowdown in manufacturing. Yields rise as strong services activity offsets Treasury buyback support US Treasury yields across the whole curve rose, with the 2-year Treasury…
A screen displays an image of Gemini co-founders Tyler Winklevoss and Cameron Winklevoss, and the Gemini logo, during the company’s IPO at the Nasdaq MarketSite, in New York City, U.S., Sept. 12, 2025. Jeenah Moon | Reuters Gemini Space Station scored a legal victory earlier in August after an arbitrator found the crypto exchange did…
The British Pound (GBP) treads water against the US Dollar (USD), trading practically flat, a few pips below the 1.3500 level on Thursday’s early London session. The bright UK second quarter Gross Domestic Product (GDP) release has been offset by downbeat factory output figures, while the US Dollar keeps wavering within range, as Federal Reserve (Fed)…