US Dollar:
1. The yield on the 30-year US Treasury note hit its highest level since 2007.
2. The AI funding boom continues, with US investment-grade bond issuance reaching a record high for August.
3. China, the UK, and Japan all reduced their holdings of US Treasury bonds in June.
Pound Sterling:
1. The UK labor market remains weak, with companies laying off workers and wage growth slowing to a near six-year low.
South Korean Won:
1. Former South Korean Prime Minister Kim Min-seok was elected leader of the ruling Democratic Party.
2. M&G Investments increased its holdings of South Korean government bonds, believing the market has overpriced interest rate hikes.
3. South Korea denied reports that it was discussing making semiconductors its first US investment.
Japanese Yen:
1. Demand for Japanese five-year government bonds reached a new high since June 2025.
Others:
1. Greece plans to prepay approximately €13 billion of its debt in 2026, seeking a debt level lower than Italy's.
2. Goldman Sachs: Global bond issuance fell 16% year-on-year last week, but year-to-date issuance is still 9% higher than the same period last year.
3. A bond sell-off has pushed long-term borrowing costs to multi-decade highs.
