- U.S. Treasury doubled planned long-dated bond buybacks, sending long yields and the dollar down while stocks, gold and bitcoin jumped.
- Fed minutes showed growing concern about persistent inflation, with several officials favoring a 25 bp hike — suggesting a tilt toward a more hawkish stance.
- Currency markets were shaken as yen and Swiss franc short positions were squeezed, stirring fresh uncertainty around the FX carry trade.
The news, distilled into what matters.
Get the full experience in the app — topics, comments, and audio summaries.