Long-term bond yields

In a notable shift from last year's fiscal concerns, the U.S. Treasury has revised down its borrowing needs by $107 billion to $740 billion for Q3, leading to a decrease in bond yields and a surge in the S&P 500 to 5,503. Macro expert Luke Gromen proposed that the upcoming U.S. presidential winner could utilize long-term Treasury bonds with Bitcoin incentives to manage inflation effectively, emphasizing the importance of stable interest rates for corporate investment. Meanwhile, in India, yields on longer-tenure bonds increased following the Reserve Bank's decision to limit foreign investments in new 14-year and 30-year bonds, prompting shifts in the yield curve. In the UK, NS&I surpassed its net financing target for 2023/24 by raising £11.3 billion, attributing this success to strategic product launches amid fierce competition for savers' deposits. Additionally, Martin Lewis has called for a broader inclusion for Winter Fuel Payments and highlighted the need for urgent reforms in Carer's Allowance to prevent debt accumulation. The financial landscape is evolving with these developments, impacting domestic and international markets alike.