2 Following Tables -
For trading week ended 14 August 2026 only (Highest & lowest in colour)
Top market buzz:
1. US consumer price index (CPI) report for July 2026 showed headline inflation rose 0.1% month-on-month and 3.4% year-on-year, matching consensus expectations. Core CPI matched top, at 0.2% m-o-m for July.
2. Long-term US government bond yields extended upwards - 10-yr yield holding above 4.65%. This movement defies softer near term payroll and inflation metrics and also impacts on structural cost of capital (increase).
3. [Linked to point 2] Major tech giants aggressively turned to global debt markets, borrowing staggering amounts of capital to build out data centers, secure chips, and scale up power infrastructure. This trend/actions contributed to surge of long-term US Treasury bond yields.
Bonus: The US Central Bank fundamentally shifted away from a decade of clear "forward guidance" and intentionally scaled back it's explanations and communication, impacting both fixed-income community and volatility in global credit markets. This also directly fueled late-week selloff in long-term govt bonds.
