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Stock Market Today: Bessent Signals Treasury Buybacks Could Exceed $4 Billion - WSJ

Live updates on markets and the top finance, economics and business stories. Plus the latest on oil prices, the Dow, S&P 500 and Nasdaq.

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Bond market sell-off threatens higher borrowing costs. Here is what it means for your money. - CBS News

The yield on the 30-year Treasury this week hit its highest level since 2007, a rise that could put upward pressure on borrowing costs.

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Bessent acts to break bond market fever, head off rising borrowing costs - The Washington Post

After long-term Treasury yields on Tuesday rose to their highest point since 2007, the treasury secretary doubled a buyback of government debt.

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‘Drop in the bucket’: Why Wall Street will shrug off Bessent’s bond market plans - Politico

The action by Treasury Secretary Scott Bessent comes amid a selloff of longer-term U.S. government debt.

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GTA VI keeps leaking ahead of its gameplay premiere - The Verge

Clips of what appears to be Grand Theft Auto VI have hit the internet, possibly spoiling aspects of the game ahead of Rockstar Games’ deep dive. Some clips have already been pulled.

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Iran loses key economic lifeline in Middle East that Trump's sanctions couldn't reach as deadlock persists - Fox News

The United Arab Emirates suspended all trade with Iran after accusing Tehran of firing ballistic missiles toward maritime traffic in the region.

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Stock futures jump as Treasury action relieves bond market pressure: Live updates - CNBC

U.S. stocks jumped on Wednesday as Treasury yields fell after the Treasury Department announced an increased buyback operation for longer-term debt.

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Target delivers earnings beat, CEO 'encouraged' by turnaround traction - Yahoo Finance

Target has moved quickly to rewrite its merchandising wrongs to improve traffic to its stores and online.

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Treasury yields hit multi-decade highs amid surging national debt - foxbusiness.com

Treasury yields hit multi-decade highs as the U.S. national debt nears $40 trillion, with the federal budget deficit projected at $2.1 trillion this year.

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Trump is weighing whether to grant Canada a tariff reprieve - Politico

A deal to avoid 50 percent duties on some Canadian goods is on Trump's desk, as Ottawa and Washington work towards a broader trade agreement.

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S&P 500 falls, hurt by elevated global bond yields and oil prices: Live updates - CNBC

The S&P 500 fell on Tuesday, pressured by a run in sovereign bond yields to multidecade highs amid concerns of persistent inflation and elevated oil prices.

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Home Depot customers stick to smaller projects as housing costs stay high - Fox Business

Home Depot posted higher second-quarter sales as smaller home projects supported demand despite elevated mortgage rates and costly housing.


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