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Chinese court sentences founder of troubled property developer Evergrande to life in prison AP NewsChina Sentences Evergrande Founder to Life in Prison The New York TimesChina sentences founder of world's most-indebted property developer to life in prison for fraud, bribery Fox BusinessFounder of collapsed Chinese property giant Evergrande sentenced to life in prison BBC
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U.S. debt hits $40 trillion faster than forecasters expected The Washington PostUS national debt passes $40tn after doubling in a decade BBCNational debt reaches grim $40 trillion milestone. Here's why that matters CNNU.S. government debt passes $40 trillion, more than doubling in a decade CNBC
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Government bond yields fell and stocks rose on a move by the Treasury Department to double the amount of debt that it can buy back from investors.
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Bessent acts to break bond market fever, head off rising borrowing costs The Washington PostTreasury doubles debt buybacks as Bessent moves to steady bond market CNBCDollar Risks Becoming Biggest Loser From Bessent's Bond Buying Bloomberg.comAn alarmed bond market gets the Trump administration to act again AP News
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Concerns about inflation and more debt supply is hitting the fixed income sector.
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