Tuesday, September 01, 2026 — Japan’s 10Y JGB hits 3% for the first time since 1996, US 10Y lifts to 4.756% +4bp, and Anthropic inks a $35B cloud deal backed by $NVDA.

Bessent is pressing the BOJ to hike further right after that 3% JGB print—the issue is, forced tightening into a levered carry trade rarely unwinds quietly; watch yen crosses. US 10Y at 4.756% after final Aug PMI was revised higher—good signal for manufacturing, bad signal for duration; Schwab’s TIPS ETF pays $0.0773 monthly, so inflation premium is still bid. Anthropic’s $35B cloud deal backed by $NVDA is the real AI tell—hyperscaler capex is still flowing through the sentiment storm; Wells Fargo wants the data center real estate backbone. Penn Gov. Shapiro says too many data center developers “don’t care about our communities”—not sure people appreciate how local backlash can slow AI buildouts. Kalshi bans George Santos for life, and prediction traders price a payroll rebound—>125K at 30.5%, Fed upper bound >3.75% at 20.5%. Watch this if yields keep climbing. $GASS StealthGas Q2 preview lands amid shipping volatility; mid-cap healthcare quant ranks reset post-earnings. The issue is s

Bessent is pressing the BOJ to hike further right after that 3% JGB print—the issue is, forced tightening into a levered carry trade rarely unwinds quietly; watch yen crosses.