Finance

Core Summary Global bond markets are experiencing significant turmoil, with bond yields surging across countries from the US to Japan, reflecting deep investor concerns about persistent inflation and expanding fiscal deficits. This market shift not only affects traditional financial assets but also poses new tests for the hedging properties of digital assets like Bitcoin. Market participants are reassessing the performance of various assets in a high-interest-rate environment. Event Details According to Reuters reports, global bond markets faced massive sell-offs on the 18th, driving yields significantly higher. US 30-year Treasury yields rose to their highest level since 2007, while Japan’s 10-year government bond yield also hit multi-year highs. This synchronized sell-off across markets reflects widespread investor concern about the global macroeconomic outlook. ...

The US 30-year Treasury yield has risen to its highest level since 2007, reflecting market concerns about persistent inflation and geopolitical risks. This benchmark rate’s climb could have far-reaching implications for global financial markets.

Tokenized equities have tripled their market share, with Ondo Finance, Binance, and xStocks emerging as dominant players, accelerating the on-chain migration of traditional financial assets.

Goldman Sachs says soft economic data makes a September Fed rate hike very unlikely, offering good news for bitcoin and risk assets. Markets focus on this week’s FOMC minutes for further policy signals.

Oil prices maintain recent gains as US-Iran peace talks stall and shipping through the Strait of Hormuz slows, raising concerns about global supply security.

Ferrari’s first-ever all-electric vehicle, the Luce, sold for $40 million at auction, setting a new record for the brand despite design controversies.

The S&P 500 index reached a new all-time high following the release of mild inflation data, creating optimistic expectations about future monetary policy direction. Investors are closely watching the Federal Reserve’s next moves.

US consumer inflation dipped to 3.4% annually in July, with food costs slowing and housing stabilizing.

Goldman Sachs announces $2.25 billion acquisition of NEOS Investments, expanding its derivatives platform to $130 billion in total ETF assets.

Core Summary Global payments giant Mastercard has announced the acquisition of stablecoin infrastructure company BVNK for $1.8 billion, its largest-ever acquisition in the digital asset space. The move signals that traditional financial giants are accelerating their embrace of blockchain payment technology, as stablecoins increasingly prove their strategic value as cross-border payment instruments. Event Details According to CoinDesk, BVNK is a financial technology company focused on stablecoin payment infrastructure, providing enterprises with solutions to convert traditional currencies into blockchain-based stablecoins. Mastercard’s $1.8 billion price tag reflects the growing strategic importance of the stablecoin track in the current financial system. ...