China Approaches Record 1 Trillion Trade Surplus to Worlds Ire Bloomberg

Treasury yields advanced while stocks in Asia traded mixed as investors braced for a further market downturn on China’s woes and more policy tightening globally.

Bank of Japan Governor Kazuo Ueda said price growth remains slower than the central bank’s goal, explaining why officials are continuing with their current monetary-policy strategy.

Treasury Secretary Scott Bessent said the Trump administration may declare a national housing emergency this fall as the White House looks to highlight key issues for midterm campaign voters.