License to yield
US Treasury yields surge above 5% as a mix of strong economic data, energy pressures and expectations for more rate hikes rattles global bond markets. President Trump and Xi Jinping meet as their extended trade truce disappoints markets. And reports of an OpenAI hack on an Australian government website add to calls for tighter AI regulation.
📲 Podcasts, breaking news, and video analysis from the source. Download the Reuters app here.
Today's recommended read: Passive investing? That S&P 500 index fund is basically a tech fund by Jamie…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.