The article discusses a significant sell-off in Treasuries, driven by expectations of prolonged high interest rates, resilient U.S. economic data, and a sharp unwinding of positions for a bond rally. Analysts from JPMorgan, Rabobank, Jupiter, Artemis, and Absolute Strategy Research offer insights on the market's volatility, potential economic impacts, and the ongoing reassessment of monetary policies.

The article discusses the potential risk of bond vigilantes influencing bond yields, as multi-asset managers question the need for government debt. It argues that the surge in yields and the decoupling from traditional drivers may be driven by the lack of portfolio hedging properties for Treasuries. The article suggests that managers may reconsider their holdings due to concerns about the efficacy of Treasuries in hedging stocks and portfolio protection. It emphasizes the need for managers to reassess their allocation to government debt in a high inflation regime.

Texas Walmart shooter agrees to pay more than $5M to families over 2019 racist attack. Patrick Crusius was sentenced to 90 consecutive life sentences in July after pleading guilty to federal hate crime charges following one of the nations worst mass killings.

Hunter Biden and pals wanted to lobby indicted New Jersey Senator Bob Menendez on behalf of a Spanish rail company after regulators scrutinized the firm. Hunter Biden sat on Amtraks board from July 2006 to February 2009 after he was nominated by former President George W. Bush.

Brazil court rules in favor of Indigenous land rights Today. 9 of its 11 justices rejected an interpretation of the Constitution. The Supreme Court ruling was vital to resolve some 300 pending land recognition claims.