Yields snap back after Treasury's buyback surprise — why one advisor says the move isn't over yet - InvestmentNews

• Indian domestic equities rebounded on Thursday, with the Nifty index recording a gain of 0.6 percent. • Despite the recovery, foreign portfolio investors remained cautious, resulting in a net sale of shares worth Rs 583 crore.

• MSCI Inc. reported second-quarter 2026 adjusted earnings and revenue that slightly exceeded Wall Street expectations. • Following the report, Morgan Stanley lowered its price target for MSCI Inc. due to revised internal estimates.

• Central bank chiefs will gather at the upcoming Jackson Hole symposium to address global inflation challenges driven by rising oil prices. • Investors are awaiting Nvidia's earnings report, which is expected to provide critical insights into current AI spending trends.

• US stocks ended the week higher, with the Nasdaq 100 breaking a five-day losing streak that was driven by Treasury yields hitting their highest levels since 2007. • Investors are now awaiting Federal Reserve Chairman Kevin Warsh's speech at the Jackson Hole Economic Policy Symposium this Friday for guidance on future interest rates.

• Stock market futures remained flat as Treasury yields rebounded, with the 30-year yield climbing back above 5.2%. • Treasury Secretary Bessent has doubled the government's buyback program, specifically targeting longer-dated securities to stabilize the market.

• Indian equity indices closed the week on a stagnant note as geopolitical tensions in West Asia and rising crude oil prices weighed on investor sentiment. • Market activity saw a divergence in institutional flow, with foreign portfolio investors net selling ₹543 crore while domestic institutions bought ₹2,124 crore.

• Bitcoin and gold have experienced a significant price surge, with Bitcoin recording its strongest weekly performance in over three years. • The rally is driven by investors engaging in "debasement trades" following signals of bond market intervention from Scott Bessent.

• Major U.S. stock indexes closed higher on Friday, August 21, 2026, though the S&P 500 and Nasdaq snapped three-week winning streaks and the Dow posted its second straight weekly loss. • Treasury yields edged upward as market volatility continued, while BJ's Wholesale Club reported growth driven primarily by higher-income members, reflecting a persisting "K-shaped economy."

• The Dow Jones Industrial Average rose 0.68% on Friday, recovering from a sharp sell-off on Thursday triggered by rising Treasury yields and disappointing Walmart results. • Investors remain cautious as fluctuating oil prices and the Federal Reserve's interest rate outlook continue to impact market volatility.

• Wall Street benchmark indices rose on Friday, recovering losses following a period of high volatility throughout the week. • The recovery was supported by a stabilizing bond market, as swings in Treasury yields moderated compared to earlier sessions.

• Union Minister of Commerce and Industry Piyush Goyal met with the Singapore Business Federation (SBF) on Friday in Singapore to strengthen business engagement between the two nations. • Key attendees included SBF Chairman Mark Lee and SBF (India Business Council) Chairman Prasoon Mukherjee, with discussions specifically highlighting investment opportunities in West Bengal.