Bank of Korea said total external debt stood at $812.8 bln at end-June, up from $774.4 bln at end-March.

JP Morgan strategists warned markets may view the US Treasury’s surprise effort to suppress long-term financing costs via expanded bond buybacks as lacking credibility, which could lift the term premium and Treasury yields over time. The Treasury on Wednesday said it would at least double buyback size to provide “greater liquidity support,” a move intended to lower long-term yields. JP Morgan called the measure a stopgap, noting the US is near full employment while running roughly a 6% fiscal deficit; strategists including Jay Barry wrote that without genuine fiscal consolidation, the market may find the action not credible and that any shift away from a “regular and predictable” debt-management posture could push term premia and yields higher. US Treasury debt has topped $40 trillion, complicating control of funding costs amid ongoing issuance. A market survey showed about 60% of respondents expect US debt conditions to worsen until a major crisis.

Douyin e-commerce’s 2026 pet consumption report says 103 MLN users purchased pet supplies on the platform over the past year. County-level industrial belts generated more than 90 pct of transaction value; merchants accounted for over 86 pct and county physical factories underpin pet goods manufacturing. Over 140k merchants on pet industry belts saw GMV rise from zero to at least 1 MLN yuan, and 495 county industrial belts recorded transactions exceeding 100 MLN yuan.