{"slug": "morning-bid-long-bond-bother", "title": "Morning Bid: Long bond bother", "summary": "Brent crude traded near $90 a barrel on Tuesday after rising 5% yesterday, as U.S. and Iranian positions on a Strait of Hormuz deal remained entrenched, adding to inflation worries and pushing the 30-year Treasury yield to 5.28%, near a 20-year high. Nvidia announced it is working with six major Wall Street firms to raise about $500 billion in financing pools to support AI infrastructure, while Intel raised $20 billion from an upsized share offering.", "body_md": "By Mike Dolan\n\nAug 11 (Reuters) -\n\nWhat matters in U.S. and global markets today\n\nBy Mike Dolan, Editor-at-Large, Finance and Markets\n\nWith U.S. Treasuries on tenterhooks ahead of tomorrow's big inflation report, the renewed tightening of energy markets is adding to the tension, with Brent crude trading at nearly $90 a barrel on Tuesday after rising 5% yesterday.\n\nHopes that the Strait of Hormuz might reopen have been knocked by the U.S. and Iran's entrenched positions on the terms of any prospective deal.\n\nI'll get into that and more below.\n\nBut first, check out my latest column on Trump's latest challenge to Federal Reserve independence - and why it's coming at a nervy time for the bond market.\n\nAnd listen to the latest episode of the Morning Bid daily podcast, where we discuss Nvidia's $500 billion AI financing push and more.\n\nSubscribe to hear Reuters journalists discuss the biggest news in markets and finance seven days a week.\n\nLONG BOND BOTHER\n\nTehran's demands that Washington lift sanctions, pay reparations and allow it some control of Hormuz were countered by the White House's insistence on Monday that Tehran pay compensation of its own and free up all shipping lanes.\n\nOil markets are bracing for a protracted standoff, adding to persistent inflation worries, nudging bond yields higher and reining in stocks, despite the bumper second-quarter earnings season. At 5.28%, the yield on the 30-year Treasury bond came within a whisker of its highest in almost 20 years.\n\nAdding to Treasury angst in a significant week for bond sales, the Japanese yen weakened past the 159-per-dollar level on Monday and into Tuesday, with Tokyo markets closed today for a holiday. Currency markets are seemingly testing the resolve of U.S. and Japanese authorities to keep propping up the unit after recent historic joint intervention.\n\nGnawing at the currency are doubts about the Bank of Japan's willingness to tighten monetary policy significantly to back up the yen-buying. And there are background concerns in the U.S. bond market that a long Japanese campaign of dollar sales could see some liquidation of their giant Treasury holdings.\n\nElsewhere, U.S. earnings on the slate for Tuesday include AI cloud computing company CoreWeave, which will give another glimpse of the scale of data center demand amid the AI boom.\n\nMeantime, Nvidia said on Monday it was working with six major Wall Street firms to raise some half a trillion dollars' worth of financing pools to support the AI infrastructure push.\n\nAnd Intel raised $20 billion from an upsized share offering on Tuesday, with its shares falling 4% on Monday after it announced the sale.", "url": "https://wpnews.pro/news/morning-bid-long-bond-bother", "canonical_source": "https://ca.finance.yahoo.com/news/morning-bid-long-bond-bother-104255322.html", "published_at": "2026-08-11 10:42:55+00:00", "updated_at": "2026-08-11 11:09:01.299896+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-infrastructure"], "entities": ["Nvidia", "Intel", "CoreWeave", "Bank of Japan", "U.S. Treasury", "Brent crude"], "alternates": {"html": "https://wpnews.pro/news/morning-bid-long-bond-bother", "markdown": "https://wpnews.pro/news/morning-bid-long-bond-bother.md", "text": "https://wpnews.pro/news/morning-bid-long-bond-bother.txt", "jsonld": "https://wpnews.pro/news/morning-bid-long-bond-bother.jsonld"}}