Goldman Sachs and BNY Mellon are set to revolutionize the $7.1 trillion money market industry by allowing institutional investors to purchase tokenized funds through blockchain technology, enhancing transaction efficiency and investment opportunities.
In a dramatic turn of events, President Trump's social media post urging followers to buy stocks coincided with a market surge following his tariff pause announcement. Democrats accuse him of market manipulation, igniting a fierce debate on ethics and insider trading.
The recent selloff in Treasuries, triggered by tariffs, has raised concerns about the stability of the U.S. bond market. Hedge funds are unwinding leveraged trades, leading to wider bid-ask spreads and potential long-term damage to U.S. assets.
