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ECB Governing Council member Nagel: We are currently at the upper limit of the neutral range.

2026-09-11

ECB Governing Council member Nagel: We are currently at the upper limit of the neutral range.

Other News
2026-09-11

The U.S. Treasury Department has updated its statement on license applications related to Iran, presuming to deny them; it will reject most pending license applications related to Iran.

The U.S. Treasury Department has updated its statement on license applications related to Iran, presuming to deny them; it will reject most pending license applications related to Iran.
2026-09-11

U.S. Treasury bought $5.187 bln of 10- to 20-year notes in Thursday’s buyback, below the announced $6.0 bln cap and below market expectations, exacerbating the sell-off and push the 10-year yield to its highest level since 2023. Investors submitted a

U.S. Treasury bought $5.187 bln of 10- to 20-year notes in Thursday’s buyback, below the announced $6.0 bln cap and below market expectations, exacerbating the sell-off and push the 10-year yield to its highest level since 2023. Investors submitted about $10.5 bln of offers. While the Treasury is not required to fill the cap, this is the third time in 53 long-term buybacks since the program’s 2024 relaunch that it did not purchase the full amount. TD Securities strategist Molly Brooks said the Treasury is being more selective than usual; to meet market expectations and absorb the full allotment it may need to accept less attractive prices in future operations, and the precedent of 100% take-up has been broken, which could help reset market expectations.
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