US 4-month Treasury auction to Sept. 23: share awarded at the stop-out yield 40.67% vs 23.62% previously.

At the China International Information and Communications Expo, Ministry of Industry and Information Technology vice minister Yu Xiaohui said China will use the 15th Five-Year Plan period to moderately front‑load and systematically advance next‑generation communications network construction. Planned measures include an application‑led rollout; evolving broadband toward dual 10‑Gbit/s capability; building low‑Earth‑orbit satellite internet systems; optimizing international submarine and terrestrial network layouts; expanding and upgrading computing facilities; and strengthening compute‑network coordination and interconnection to support an integrated compute network.

UK Prime Minister Burnham said the government is committed to implementing a controlled immigration policy.