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What I Am Reading

Wednesday, October 7, 2026

Markets

Wall Street ends lower, off record highs, as Treasury yields climbReuters
U.S. Stocks Slip as Treasurys Retreat From Recent HighsWall Street Journal
Stocks Are Due for a ‘Gut Check’ From Rates, Oil and the DollarBloomberg
European stocks fall as oil prices and bond yields riseYahoo Finance

Credit

U.S. Treasury Pays Highest Borrowing Costs Since 2000Wall Street Journal
France Considers Issuing More Shorter-Term Debt After Bond-Market TurmoilWall Street Journal
SpaceX Credit-Risk Gauge Hits Fresh High on Fundraising ReportsBloomberg
Bond Yields Are Surging Around the World—but Not in ChinaWall Street Journal

Commodities

Oil Prices Fall Back As Supply Optimism Outweighs Conflict, Storm RisksWall Street Journal
Gold Futures Fall on Stronger Dollar, High YieldsWall Street Journal

Central banks

US economy

Tariffs drove up prices for consumer goods, study findsWashington Post

US politics

Trump responds to Mike Rogers ad calling for end of trade war with CanadaCNBC

Europe

EU envoys approve new Russia sanctions listings, diplomats sayReuters
Heavy Russian Attack Kills at Least 24 in Ukraine, Including ChildrenWall Street Journal

AI

Corporate finance

Canada’s Weston Family to Buy British Pharmacy Chain Boots for $8.9 BillionWall Street Journal

Trade

Trump’s tariffs were meant to shrink the trade deficit—but it’s now the widest since Liberation DayFortune

Beyond Markets

Nobel Prize for Chemistry Awarded for Breakthroughs That Advanced Modern PharmaceuticalsWall Street Journal
Disney+ to Stream 2027 Super BowlWall Street Journal
Oil Industry’s Bid to Kill Climate Change Lawsuits Faces SCOTUS SkepticismWall Street Journal