That's the highest level on 30yr mortgage rate since Jan 2014.
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Russian crude discounts to China widened to record levels as sellers cut prices to offset potential losses from India after a US–India trade deal. Analysts warn China’s capacity to absorb more barrels is limited without state refiners returning.
Vanguard eyes 50%+ bonds as AI stocks face valuation risks; 10-yr yields at 4.2% offer real returns.
Bullock said the RBA lifted rates as the economy is more capacity constrained and demand needs cooling. She said some inflation is temporary but part looks persistent, and the board will watch incoming data closely.
Anthropic's Opus 4.6 finds 500 zero-days, shaking software stocks. Traders eye AI's market impact & valuation shifts.
Analysts say gold’s recent correction does not signal a shift in fundamentals. Central bank buying, safe-haven demand and real-rate dynamics remain supportive, though near-term prices may stay volatile as markets react to data, policy and the dollar.
Dow Industrials (-1.2%) and Nasdaq (-1.6%) slide; S&P 500 dips 1.2%. Traders eye broader market sentiment.
Millions of Americans face retirement strain: median savings $955, need $1.5M. Social Security faces 20% cut risk.
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