US 4-week Treasury auction through Sept. 24 — percentage of allotment at the stop-out yield 54.97%, prior 69.59%.

World Steel Association: August 2026 steel production — China 74.61 mln tonnes, down 3.7% YoY; India 14.77 mln t, up 4.6% YoY; United States 7.30 mln t, up 3.0% YoY; Japan 6.66 mln t, up 0.4% YoY; Russia 5.50 mln t, down 0.3% YoY; South Korea 5.35 mln t, up 2.6% YoY; Turkey 3.38 mln t, down 0.4% YoY; Vietnam 2.70 mln t, up 36.4% YoY; Brazil 2.69 mln t, down 6.2% YoY; Germany 2.59 mln t, up 1.7% YoY.

U.S. Treasury Secretary Bessent said the UAE has been a close partner, assisting in the closure of a branch of Egypt’s second-largest bank suspected of transferring $1.8 billion to Iran.