Quick Summary: 30 - Year Treasury Yield Hits 5.3%, Highest Since 2007
The U.S. Treasury's intervention doubled long-term bond buybacks, yet yields resumed climbing, highlighting market skepticism.
Yields reached their highest in 20 years for a $67 billion bond sale, signaling increased investor demands.
The 30-year Treasury...
Quick Summary: Canada Vows Retaliation as U.s. Tariffs on Autos and Lumber Take Effect
The U.S. imposed 50% tariffs on $20 billion of Canadian goods — Ottawa vowed dollar-for-dollar retaliation.
Negotiations collapsed after a three-day...
Quick Summary: Padman De Costa Joins Sri Lankan Presidency as Deputy Chief of Staff
Padman De Costa, an ex-volleyball player, appointed Deputy Chief of Staff — highlights a blend of military and administrative influence...
Quick Summary: Defenders FC Struggle as Renown SC Sets the Pace in FFSL Super League
Defenders FC started the season with a 0-0 draw against Colombo FC, gaining just 1 point, while Ratnam SC lost 3-0...