💼 Treasury-bond turmoil

Treasury-bond collapse among worst market crashes in history... your pre-market briefing inside →                                                                                                                                                                                                                                                                                                                                                                                                                 October 06, 2023 | [Read Online]( [Market Briefing] ☕️ Good Morning. The Fast Five → September[jobs report]( out today @ 8:30am ET, [Treasury-bond collapse]( among worst market crashes in history, SEC to force [Musk testimony]( on Twitter stock purchases, America’s food giants confront [Ozempic era](, and Canadian startup predicts [legal cocaine]( is coming… Here’s your 5-minute MarketBriefing for Friday: BEFORE THE OPEN As of market close 10/5/2023. MARKETS: - U.S. stock futures flat Thursday night. - Dow Jones futures down 15 points (0.05%), S&P 500 and Nasdaq 100 futures dip. - Muted Thursday session, Dow -10 points (0.03%), S&P 500 and Nasdaq down 0.1%. - Focus on September jobs report, expected 170,000 job additions, 3.7% unemployment rate. - Bond yield concerns persist, 10-year Treasury yield hits 16-year high, Dow goes negative for the year. - Dow headed for third consecutive weekly loss (-1.16%), S&P 500 down fifth straight week (-0.7%), Nasdaq steady. EARNINGS - [Full earnings calendar here]( NEWS BRIEFING [Treasury-Bond Collapse Ranks Among the Worst Market Crashes in History]( The bond market has been suffering as yields continue to climb. The 30-year Treasury surpassed 5% for the first time in decades, with experts seeing a similar path ahead for the 10-year note. [SEC Seeks to Force Musk Testimony on Twitter Stock Purchases]( The SEC is suing Elon Musk, claiming the owner of X didn’t comply with a subpoena to testify. - What to expect from Friday’s jobs report ([more]() - The 5% bond market means pain is heading everyone’s way ([more]() - Soaring Treasury yields ignite turbulence throughout markets ([more]() - Bond traders are betting historic sums on November Fed meeting ([more]() - Only an equities crash can rescue the bond market, Barclays says ([more]() - U.S. jobless claims increase slightly to 207,000 for the week ([more]() - Peak crude demand is fueling anger and argument in the world of oil ([more]() - M&A traders see deals return in 2024 during software consolidation ([more]() - Goldman’s create-your-own ETF hub for clients debuts first funds ([more]() - UAW latest: New Ford offer, more layoffs, GM secures $6B credit line amid strike ([more]() - Flexport plans to lay off 30% of workforce ([more]() - Tesla slashes prices of Model 3, Models Y vehicles in US ([more]() - Hyundai, Kia are the latest to switch to Tesla EV charging ([more]() - America’s food giants confront the Ozempic era ([more]() - Legal cocaine is coming, this Canadian startup predicts ([more]() - Birkenstock the latest shoe to drop in a tough IPO market ([more]() - Jet service JSX says American, Southwest behind FAA’s charter safety review ([more]() - X to test three tiers of service in latest Musk overhaul ([more]() - Gen Z is just not that into beer, Molson Coors CEO says: ‘We’re moving into non-alc products' ([more]() - Prada and Axiom Space collaborate to design NASA's lunar spacesuits ([more]() - FTX employees found Alameda's secret backdoor months before collapse ([more]() - Rolls-Royce CEO Torsten Muller-Otvos retires after boosting sales six-fold ([more]() Was this briefing forwarded to you? ([Sign up here](.) DEALFLOW - Newmont's $16.7 bln Newcrest deal gets all regulatory nods; nears shareholder vote ([more]() - Eagle Football is said to target $200M in pre-IPO round ([more]() - At One Ventures, a climate tech venture capital firm, launched its $375M second fund ([more]() - Lendbuzz, a financial technology company, raised $345M in debt and equity financing ([more]() - Headway, a mental healthcare tech startup, reportedly raised $125M in Series C funding ([more]() - Observe, a SaaS observability company, raised $50M in Series A3 funding ([more]() - Blackbird Labs, a hospitality technology company, raised $24M in Series A funding ([more]() - rabbit, an AI company focusing on advancing an AI-powered personalized operating system, raised $20M in funding ([more]() - Opera, a provider of a DevOps platform used by Fortune 500 companies, raised $12M in Series A Plus funding ([more]() - Swag Golf, a golf accessory, equipment and apparel company, raised $10M in Growth funding ([more]() - Clarix Imaging, a medical technology company, raised $10M in funding ([more]() - Pow.Bio, a startup developing intelligent continuous fermentation technologies for sustainable biomanufactured products, raised $9.5M in Series A funding ([more]() - Lokavant, a clinical trial intelligence platform company, raised $8M in funding ([more]() - Aampe, a provider of an AI-native user engagement platform, raised $7.5M in Pre-Series A funding ([more]() - Ounce, a health and housing company, raised $5.2M in Seed funding ([more]() - Muir AI, a climate tech startup, raised $3.25M in seed funding ([more]() - Mitiga, a cloud and SaaS incident response company, received a strategic investment from Cisco Investments ([more]() - Carson Life, a natural health and beauty products company, raised a multi-million dollar revenue based financing ([more]() - Experic, a contract development and manufacturing organization (CDMO) and clinical supply services company, raised an undisclosed amount in Series B extension ([more]() - Cove, a company providing biodegradable materials and packaging technologies, raised and undisclosed amount in funding ([more]() - Smileyscope, a company advancing digital therapeutics, raised an undisclosed amount in Seed Prime funding ([more]() M & A: - Exxon in advanced talks for $60B acquisition of Pioneer ([more]() - Sanofi to explore acquisition of cancer drugmaker Mirati ([more]() - Bunge shareholders approve merger with Viterra, closing expected in mid-2024 ([more]() - Suncor Energy to acquire TotalEnergies' Canadian oil sands stake for C$1.47B ([more]() - Tenable, an exposure management company, acquired Ermetic, a cloud-native application protection platform (CNAPP) company and a provider of cloud infrastructure entitlement management ([more]() - Kraken, a company providing crypto platforms, acquired Coin Meester B.V. (BCM), a registered crypto broker in the Netherlands ([more]() - ArcLight buys Commercial Distributed Generation Portfolios ([more]() - Milton Street Capital purchases Purge Rite ([more]() CRYPTO - Caroline Ellison is one of the only people who knows ‘truth’ behind SBF’s fall ([more]() - Hong Kong tightens scrutiny of Crypto exchanges after JPEX blowup ([more]() - Crypto VC funding falls to 3-year lows as market rout continues ([more]() - Banks would have to disclose Crypto holdings under new BIS plan ([more]() BULLISH BITES 🎉 Generative AI Is Coming for Sales Execs' Jobs—and They're Celebrating → [Wired]( 🗞 The Remaking of The Wall Street Journal → [NYT]( 🎥 Can You Tell How You Come Across on Zoom?→ [HBR]( DAILY SHARES [tw profile: Ramp Capital] Ramp Capital @RampCapitalLLC [tw] Sentiment check on the housing market and general state of the economy Oct 5, 2023 413 Likes 22 Retweets 31 Replies [tw profile: Not Jerome Powell] Not Jerome Powell @alifarhat79 [tw] Just locked in a $700,000 30-year mortgage at 8.99%. Going to be a homeowner finally! Oct 5, 2023 4.97K Likes 580 Retweets 343 Replies Know someone who would enjoy this? [CLICK TO SHARE 🔥Â]( What did you think about today's briefing? - [⭐️⭐️⭐️⭐️⭐️ Excellent, keep it comin'!]( - [⭐️⭐️⭐️⭐️ Good stuff]( - [⭐️⭐️⭐️ It was alright]( - [⭐️ Needs work]( Like what you see? [Subscribe Now]( Keep the curation going! [Buy the team a coffee]( ☕️ Have any suggestions for MarketBriefing? We’d love to hear it. [Share your thoughts here]( -mb [fb]( [tw]( [in]( Update your email preferences or unsubscribe [here]( © 2023 MarketBriefing 99 Wall St, Ste 314 New York, NY 10005, United States of America [[beehiiv logo]Powered by beehiiv](