Hiring Slowed In August. Bond Yields Rose Anyway.
Private payrolls rose just 38,000 in August, the weakest since January, even as the 10-year Treasury yield climbed to 4.79%. The Fed's bind, explained.
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Nvidia Puts $3.5 Billion Into The AI Chip Race
Nvidia invested $3.5 billion to stay central to the AI buildout, while a Gulf flare-up pushed oil past $92 and lifted government bond yields worldwide.
Why A Strike In The Persian Gulf Just Raised Your Mortgage Rate
Traders now see a 60.4% chance the Fed raises rates in September. Oil above $90 pushed mortgage rates to a 14-month high. Here is how those connect.