China-US 10-Year Bond Yield Gap Widens to Record on Policy Split

Sep 10, 2026 | Markets

The yield gap between Chinese and US 10-year sovereign bonds widened to the most on record, underscoring the policy divergence between the two nations while heightening the risk of outflows from the mainland. The benchmark 10-year US Treasury yield climbed to 4.85% on...

Legal AI Startup Harvey Hits $15.6 Billion Value With $550 Million Round

Sep 9, 2026 | Markets

Legal tech startup Harvey is now valued at $15.6 billion after raising $550 million in a new funding round aimed at powering efforts to build its own AI models. The fundraise was co-led by Lightspeed Venture Partners and Diffusion, a new firm cofounded by longtime...

Dronemaker UForce In Talks For Around $5 Billion Value with Valor Equity-Led Financing

Sep 7, 2026 | Markets

Uforce, a London-based drone startup, is in discussions to raise new financing at a valuation of about $5 billion, according to people familiar with the matter. The company is seeking about $500 million led by Valor Equity Partners, the venture firm run...

Blue Owl Slashes Private Loan to Near-Zero Amid Bankruptcy Risk

Sep 5, 2026 | Markets, Private Credit

Inside Blue Owl Capital Inc.’s retail private credit fund, Loparex looked like most other investments at the end of last year. Its highest-priority loans were valued at 100 cents on the dollar, while its second-lien debt was marked a bit below 90. It only took a...

Trump Demands Fed Lower Rates, Reviving Pressure Campaign

Sep 4, 2026 | Markets

President Donald Trump intensified pressure on the Federal Reserve to lower interest rates, threatening to cut off trade with certain economies with which the US has a deficit if the central bank doesn’t act. Trump issued his demands Friday in a lengthy social media...