The Latest Breaking News from US Treasury

The S&P 500 hit a new all-time closing high and most of the stocks in the Dow Jones Industrial Average were up the day before a critical jobs report.

Seasonal data: 30-year Treasury bond futures often peak in August, but the 2025 high was in April. A September sell-off looms with 87% odds. Traders, be prepared!

Markets hate uncertainty, especially when it comes to monetary policy and interest rates, and questions about the Fed are compounding.

On Sunday, in a post on X, The Kobeissi Letter highlighted the mounting pressure of interest payments for the U.S. government, saying that the Federal Reserve may have to slash interest rates substantially to prevent debt servicing from spiraling out of control.

The past week has been a rollercoaster ride in the world of finance and cryptocurrency. From the launch of a new blockchain by Circle Internet Group Inc to a massive Ethereum bet by Tom Lee, there’s a lot to unpack.

Fed Chair Jerome Powell seems ready to cut interest rates in the fall but will still rely on incoming economic data about inflation and employment.

September S&P 500 E-Mini futures (ESU25) are trending up +0.26% this morning, attempting to snap a five-session losing streak, with focus squarely on a highly anticipated speech from Federal Reserve Chair Jerome Powell.

The U.S. Treasury's plan to refill its General Account (TGA) with $500–600 billion over the next two months is set to test one of the most fragile liquidity environments in a decade.

U.S. Treasury Secretary Scott Bessent believes stablecoins will buoy the market for U.S. Treasuries, and the government will sell more short-term debt to meet that demand.

September S&P 500 E-Mini futures (ESU25) are trending down -0.13% this morning, continuing to drop after a tech-led selloff in the prior session, while investors await the Federal Reserve’s July meeting minutes, comments from Fed officials, and earnings reports from more retail heavyweights.

Let’s take a look at some of the most significant stories that broke over the weekend, including the latest on China’s economy, the SP 500 earnings, and the impact of stablecoins on the U.S. dollar.