Writing the summary…
10-year Treasury yield hit a 19-year high—and some investors see opportunity to buy bonds
Source: CNBC
Original reporting
CNBC: read the full reportRelated stories
CNBC
Treasury yields rise again to end a volatile week
U.S. Treasury yields rose on Friday as recent selling pressure intensified following hawkish Fed commentary and stronger-than-expected economic data.
CNBC
Trump says Scott Bessent won't be AI czar
President Donald Trump said Treasury Secretary Bessent doesn't want to be what the president is calling the "Super Intelligence czar."
CNBC3 outlets
U.S. appeals court upholds Pentagon designation of Anthropic as supply chain risk
The AI lab had argued multiple violations of its rights, but a divided panel of judges sided with the Trump administration.
CNBC
NIH funding cuts delayed a promising childhood brain cancer trial. Patients lost time they didn't have
A delayed clinical trial underscores the stakes of federal research funding cuts for children with DIPG, a deadly brain tumor with few treatment options.
The Guardian2 outlets
Healey appoints Labour manifesto writer, adding to election speculation
Exclusive: Economist Ravinder Athwal, who worked in Keir Starmer’s team, is poached from Flint Global Ravinder Athwal, the economist who wrote Labour’s 2024 manifesto, is taking on a senior role as an adviser to John Healey, in a move likely to fuel speculation about an early general election. The chancellor is keen to strengthen his team before the critical budget on 28 October, as the economy is buffeted by high oil prices and rising government borrowing costs . Continue reading...
CNBC
Details on U.S.-China trade negotiations coming Monday, USTR Greer says
Top White House trade official Jamieson Greer said the two days of talks between President Trump and Chinese leader Xi brought some trade matter agreements.