Bubba Price

Two state-run Indian companies have withdrawn plans to raise $688 million through rupee bonds as an expected interest-rate increase and the central bank’s move to drain surplus cash drive borrowing costs higher.

Analysis: The main reason for the US Treasury sell-off is not AI bond issuance, and the 10-year yield may fall to 4.25% by the end of next year.

Lagarde: ECB sticks to “middle path” as inflation outlook worsens

US Dollar: Fed hiking path and data risks – TD Securities