US Treasury’s $10T Rollover: Weak Demand and Rising Yields
The US must roll over ~$10 trillion in Treasury debt in 2026 at yields far higher than original issue. What auction data and foreign holder trends reveal.
capital markets
Kevin Warsh’s Fed Chair Path: Bond Markets Brace for Shift
Senate Banking Committee votes this week on Kevin Warsh’s Fed nomination. Bond markets are already pricing a hawkish shift — here’s what capital markets are watching.
X-Energy’s $1B IPO: Amazon’s Nuclear Bet Debuts on NASDAQ
Amazon-backed X-Energy raised $1.02B in its NASDAQ IPO on April 24, 2026, with shares surging 27%—the biggest nuclear startup listing in years.
30-Year Treasury Near 5%: The Forces Keeping U.S. Borrowing Costs High
The 30-year Treasury hovers near 5% as foreign buyers pull back, Iran’s Strait of Hormuz crisis adds volatility, and the term premium makes a structural comeback. Here’s what it means for every borrower.
Google’s $40B Anthropic Bet Reshapes AI Venture Capital
Google commits up to $40 billion to Anthropic in the largest private AI investment ever, just four days after Amazon’s $5 billion new tranche brought its total stake to $13B.
The Yield Curve Explained: What It Signals About the Economy
What the U.S. Treasury yield curve is, how to read it, what inversion means, and why every recession since 1955 was preceded by one.
Private Credit’s $2 Trillion Moment: Rewriting Capital Markets
Private credit has crossed $2 trillion in global AUM, displacing banks and reshaping how companies borrow. Here’s what’s driving the boom and the risks investors should watch.
Meta Cuts 8,000 Jobs: Big Tech Bets Its Balance Sheet on AI
Meta is eliminating 10% of its workforce in May 2026 — its largest cuts since 2023 — as Big Tech redirects billions from salaries to AI infrastructure. Here’s what it means for capital markets.
Avis Budget’s 48% Collapse: When Short Squeezes Meet Corporate Debt Reality
Avis Budget (CAR) cratered 48% in a single session as a speculative short squeeze unwound against the backdrop of negative earnings and a $1B cash burn.
Copper’s AI Moment: Freeport-McMoRan’s Big Bet on Grasberg
FCX stock fell 12.5% despite plans to nearly double Grasberg copper output by 2027. What the expansion signals about AI’s most critical — and overlooked — commodity.