Inflation, employment, growth data and central bank decisions, and how they reprice risk across markets.
Minutes from the Fed's September meeting show unanimous rate hike and majority expect another increase by year-end due to inflation concerns.
Wall Street gave up gains after the S&P 500 hit a record, as Treasury yields surged and oil prices rose.
Mainland Chinese markets reopen after a week-long break, with gold feeling their absence. The data calendar looks uneventful.
US markets staged a comeback after early weakness; Fed minutes confirmed a December rate hike is on track.
Fed minutes from September meeting revealed most officials expect another rate hike in 2026. Bitcoin rose slightly while stocks and gold barely moved.
FOMC minutes show most participants expect a rate hike by year-end, with many viewing current policy as not restrictive.
The US Treasury auctioned $39 billion of 10-year notes with a high yield of 5.300%, below the WI level of 5.317%.
Bitcoin fell under $83,000 as oil prices surged and US borrowing costs rose, triggering $178 million in long liquidations.
One-year inflation expectations in the New York Fed survey rose to 3.9%, the highest level since 2023, while the five-year measure held steady at 3%.
An explanation of credit spreads, why they matter, and how they often lead equity market moves.
US long-dated bond yields hit new highs, with the 10-year at 5.35% and the 30-year at a 24-year peak of 5.72%. Seven drivers are fueling the bond rout.
Treasury yields hit multi-year highs, dragging stocks and gold lower while the dollar gains.
The 30-year Treasury yield reached 5.70% on Monday, its highest since 2002, while the 10-year yield neared 5.32%, pressuring gold and equities.
Sovereign yield spreads signal investor confidence and can impact currencies, equities, and central bank policy, even for those who don't trade bonds.
The US dollar has strengthened as Treasury yields near multi-decade highs, potentially tightening financial conditions without further Fed rate hikes.