US Treasury yields erased gains from Bessent’s expanded buybacks, with the 30Y back at 5.27% and the 10Y near 4.8%, over 10 bps higher since Aug. 19.
ECB’s Nagel signaled a rate hike next week, with markets pricing a >95% probability, while remaining cautious on further tightening.
Nvidia is nearing a ~$14B acquisition of Hugging Face, including $12.9B for the company and a possible $1B employee retention package.
OpenAI says Astra can autonomously conduct cyberattacks, intensifying concerns that current cybersecurity infrastructure is unprepared for increasingly independent AI agents.