The latest news from liquidity and risk management
Stay updated with real-time coverage of global trade developments, policy changes, and market movements affecting international commerce.
US Treasury auctions and yield spikes amid Fed’s shift in market guidance
- The US government sold $797 billion of Treasury securities this week across 10 auctions, including $562 billion of T-bills and $235 billion of Treasury notes.
- Most T-bill sales replaced maturing bills; auctions occurred Monday through Thursday, with no auctions on Friday.
- On 28 August, Treasury yields rose sharply after Fed Chair Warsh declined to provide forward guidance, with 1- to 5-year yields spiking 11 to 14 basis points.
- The 3-year Treasury yield reached 4.41%, the highest since early 2025, while the 2-year yield hit 4.34%, surpassing auction yields from earlier in the week.
- Despite attempts to suppress yields through interventions and buybacks, 30-year Treasury yields rose to 5.22%, the highest since 2007, reflecting ongoing bond market volatility.
- Rising yields reflect investor concerns over inflation, fiscal deficits, and supply increases, with the bond market now pricing in potential future rate hikes amid reduced Fed guidance.
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The US government sold $797 billion of Treasury securities this week across 10 auctions, including $562 billion of T-bills and $235 billion of Treasury notes.
Devanshee DaveSberbank, Russia’s largest government-majority-owned bank, plans to accept bitcoin, ether, and tether as collateral for loans, adapting its products to new cryptocurrency regulations.
Devanshee DaveDevanshee DaveIndonesia welcomed the WTO panel’s findings in dispute DS622, urging the Dispute Settlement Body (DSB) to adopt the report and calling for prompt EU implementation of the recommendations.
Devanshee DaveTieto and Siirto have partnered to improve digital invoicing accessibility and efficiency for businesses and consumers in Finland.
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FMO and TDB Group co-arrange a $600 million sustainability-linked loan facility for ETC Group to strengthen African agricultural value chains
FMO and TDB Group arrange a $600 million sustainability linked loan for ETC Group to strengthen African agricultural value chains and food security.
Devanshee DaveCanada announced retaliatory tariffs on $20 billion (€17.14 billion) worth of US imports following US President Donald Trump’s decision to raise duties on Canadian cars.
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POSCO International accelerates trade digitisation with launch of electronic bill of lading consortium
POSCO International launches an electronic bill of lading consortium with ZIM, Hana Bank, KTNET and logistics partners to digitise trade processes.
Devanshee DaveKernel, Ukraine’s largest sunflower oil exporter, is entering the energy sector with a 94.5 MW wind farm project in central Ukraine, supported by a DKK 750 million loan from EIFO.
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Indonesia’s upcoming minerals and strategic commodity exchange to build trusted infrastructure
Indonesia is preparing to launch a minerals and strategic commodity exchange to strengthen market transparency, trust and oversight of strategic commodity exports.
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IFC and Bank CenterCredit partner to expand trade finance access for Kazakh SMEs
IFC and Bank CenterCredit partner to expand trade finance access for Kazakh SMEs, supporting cross border trade and business growth.
Devanshee DaveThe Canadian dollar fell as much as 0.6% to C$1.3844 against the US dollar, marking its worst performance since June 17 amid the collapse of trade talks between Canada and the US.
Devanshee DaveUPS announced an ongoing $2 billion investment to enhance its international, healthcare, and supply chain businesses, aiming to improve global flexibility and connectivity.
Devanshee DaveMesta introduced its White-Labeled Customer Portal, enabling payment providers, fintechs, and B2B platforms to access its global payment infrastructure without extensive engineering.
Devanshee DaveCanadian Prime Minister Mark Carney withdrew negotiators from trade talks with the US hours before new US tariffs on over $20 billion of Canadian goods were set to take effect.
Devanshee DaveMaybank completed a RM1 million pilot of Malaysia’s first tokenised Supply Chain Financing (SCF) transaction using V Systems’ NexA tokenisation platform.
Devanshee DaveStandard Chartered led the arrangement of EUR 538 million financing to support Phase 2 of the Quilonga Grande Water System project, expanding Luanda’s potable water distribution network.
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HSBC and Standard Chartered complete first live cross-border tokenised deposit transaction on Swift’s blockchain ledger
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N3XT expands access to Digital Dollar, redefining B2B payments with instant, programmable transactions
N3XT launches institutional-grade Digital Dollar token for instant B2B payments on blockchain with full banking regulation and 24/7 settlement.
Devanshee DaveAfriex announced a new sponsor and settlement banking partnership with Global Innovations Bank (GIB) to support its B2B Payments API, enhancing settlement speed, regulatory coverage, and Global USD Account access.
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