Wednesday's News Links

[Yahoo/Bloomberg] Stocks Trim Gains on Results Gloom; Bonds Rise: Markets Wrap

[Yahoo/Bloomberg] Oil Falls to Near One-Month Low on Bearish Signs in Euro Area

[Yahoo/Bloomberg] US Mortgage Rates Jump to 7.31%, Highest Level Since Late 2000

[CNBC] Mortgage demand from homebuyers drops to a 28-year low as interest rates soar

[AP] Surprisingly durable US economy poses key question: Are we facing higher-for-longer interest rates?

[Reuters] Analysis: US bond yields surge despite muted inflation as investors look beyond Fed

[Yahoo Finance] Macy's big warning on credit cards a big problem for some other retailers

[CNBC] Pork belly prices are up 100% this year — your breakfast bacon is about to get pricier

[Yahoo/Bloomberg] Investors Say They’ll Stick With Gold as Fed Cycle Heads for End

[Reuters] Unpaid workers, silent sites: China's property woes hit Country Garden

[Yahoo/Bloomberg] Country Garden Leaves Investors in Dark on Exact Default Deadline

[Yahoo/Bloomberg] Xi Skips Speech Defending China Economy at BRICS Business Forum

[Yahoo/Bloomberg] Global Funds Abandon China Blue Chips in $9.3 Billion Selloff

[Reuters] China should stick to 'houses are for living, not for speculation' - state media

[Yahoo/Bloomberg] China Vows Action Over 'Selfish' Japan's Nuclear Wastewater Plan

[Reuters] BRICS divisions re-emerge ahead of critical expansion debate

[Reuters] Japan's price trend gauges hit record, signal broadening inflation

[Reuters] Factory slump and cost-of-living squeeze puts UK economy on course to shrink

[Yahoo/Bloomberg] Euro Area’s Worsening Downturn Fuels Bets on ECB September Pause

[Reuters] Slide in euro zone service sector sharpens ECB's rates dilemma

[Reuters] German business activity suffers steepest decline since May 2020

[Reuters] Protests mount in South Korea over Japan's plan to release Fukushima water

[WSJ] Wall Street’s China Dreams Slip Away

[WSJ] China, Russia Deliver Broadsides Against the West at Brics Summit

[WSJ] Heat, Floods, Fire: Was Summer 2023 the New Normal?

[FT] ‘Higher-for-longer’ rate debate to dominate Jackson Hole meeting

[FT] The risk of an augmented doom loop for Europe

Tuesday Evening Links

[Reuters] Dow, S&P 500 end down as US interest-rate worries mount, bank shares slip

[Yahoo/Bloomberg] Oil Edges Lower in Thin Trading Amid Supply Rebound, Demand Woes

[Reuters] Strong US data makes 'reacceleration scenario' possible, Fed's Barkin says

[CNBC] UPS workers approve massive new labor deal with big raises

[Yahoo/Bloomberg] Searing Heat Is Shattering Century-Old Records Across Central US

[Reuters] China's Xi tells BRICS summit that Chinese economy is resilient

[WSJ] What Are Real Yields, and Why Do They Matter?

Tuesday Afternoon Links

[Reuters] Wall St loses steam as higher Treasury yields weigh, Nvidia erases gains 

[Yahoo/Bloomberg] T-Bill Yields to Climb Further With Foreign Money Steering Clear

[CNBC] Home sales fall again in July, as supply drops to near quarter-century low

[Yahoo/Bloomberg] Two-Year Treasury Yields at 5% Is ‘Pain Trade’ for Banks, TD Says

[FT] Bank of England warns on corporate default risk