The Bond Vigilantes May Need a Lot of Rope
Save
To get John Authers' newsletter delivered directly to your inbox, sign up here.
The infamous bond vigilantes are starting to inflict some real pain, and they're not coming for just the US. The suffering for holders of the longest-dated bonds is global, and the market's informal enforcers have brought enough rope to ensnare them all.
It's tempting to pile the sharp rise in 30-year yields uniquely on the US and its squabbling politicians, but other markets are seeing selloffs just as dramatic, often thanks to their own local factors.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CNET
34 minutes ago
- CNET
At $185, These Samsung Galaxy Buds 3 Pro Just Matched an Amazon All-Time Low
Samsung makes just about everything these days, including some of the best wireless earbuds on the market. The Samsung Galaxy Buds 3 Pro have all the features you'd expect from premium earbuds, and this is your chance to pick a pair up with a $65 discount. Thanks to this Amazon deal, you can currently get these incredible earbuds for just $185. That's the lowest price that we've seen Amazon sell these earbuds for, although it doesn't quite match a previous Woot deal that slashed them even further. That deal was for the international version, though, and you only got a 90-day warranty. Amazon's offer gets you the US version with a full two-year warranty, so that's worth keeping in mind. We can't vouch for how long this deal will last, which means you should definitely consider ordering soon. It's a limited-time deal, so it won't last forever. Hey, did you know? CNET Deals texts are free, easy and save you money. You'll definitely regret missing out if you're too late, too. These earbuds have a redesigned fit, which is said to offer a more comfortable listening experience. They're IPX7 water resistant, so you can use them when out in the rain and whatnot, and the noise cancellation features make them a perfect companion for loud offices and noisy commutes. In terms of battery life, Samsung says you can look forward to up to 8 hours, depending on whether you're using ANC or not, while the included charging case bumps that to 18 hours. Fast-charging tech ensures you can get a battery boost when needed, too. Because of all of this, this is easily one of the best wireless earbuds deals around right now. Why this deal matters Getting great features often means spending great sums of money, which is why we're always keen to share deals like this one. If you'd eyed these wireless earbuds in the past but balked at their $250 price tag, now's your chance to pick them up for less. Just make sure you do it before Amazon calls time on this deal.
Fast Company
34 minutes ago
- Fast Company
From immigration law to business success: Navigating the challenges for foreign business in the U.S.
As a U.S. business immigration attorney and founder of Grape Law Firm PLLC, I have worked with many foreign entrepreneurs who have achieved lasting success in the United States. Establishing and scaling a company here requires time, effort, and strategic planning to navigate a complex web of immigration regulations and compliance requirements. COMMON LEGAL HURDLES IN SECURING EMPLOYEE VISAS The primary challenge faced by businesspeople is securing a legal presence in the United States. This means obtaining the appropriate visa or status for both entrepreneurs and their essential personnel. However, the process of business immigration to the U.S. is often a challenging adventure. According to the 2024 CIS Ombudsman Annual Report, from initial market entry to business expansion—and even to permanent establishment—the complexities of business immigration affect entrepreneurs at every stage of their U.S. journey. They face significant challenges in documenting the viability of their enterprises to immigration officials while managing their immigration status to meet the changing needs of the business ecosystem. NAVIGATING VISA PATHWAYS FOR BUSINESS GROWTH As business immigration attorneys, one of our primary duties is to help our clients choose the most suitable visa for their business vision and goals. The selection of the appropriate visa is the foundation on which a successful application strategy is built and is an investment in the company's long-term growth. It is imperative for entrepreneurs to understand that various options exist for starting new businesses in the United States or expanding existing operations. Each visa category has its own distinct advantages and considerations based on differing business needs. For instance, the E‑1 Treaty Trader and the E‑2 Treaty Investor visas are viable options for entrepreneurs. These visa categories cater to foreign traders and investors who are citizens of treaty countries—countries that have treaty agreements with the U.S. Traders must engage in continuous trade with the United States, and the U.S. must be their primary trading partner. Conversely, investors must make substantial investments through new or existing enterprises. Both the E‑1 and E‑2 visas can support long-term, sustainable business ventures in the United States (each is valid for up to five years and can be extended indefinitely), provided that they spur economic progress in their respective industries and investment areas. Furthermore, the L‑1 Intracompany Transferee visa is an ideal choice for international companies planning to expand to the U.S. The L‑1 visa allows foreign companies to transfer their managerial or executive employees for new office openings, thereby facilitating the establishment of operations in the United States. However, a potential downside is that the L‑1 visa requires rigorous application preparation—a thorough case file must be compiled, followed by consistently detailed documentation of organizational development and business growth metrics, especially during the first three years of operations. A CASE IN POINT One case from our L‑1 visa practice perfectly illustrates these complexities. As a seasoned professional in the scaffolding industry, our client's initial L‑1 New Office visa application succeeded through careful preparation and a comprehensive five‑year business plan. However, the real challenges emerged during the extension phase. When she sought to extend her L‑1 visa with different legal counsel, she faced a rigorous Request for Evidence (RFE) from USCIS that scrutinized every aspect of her business operations. The RFE questioned not only the structure, but also its growth trajectory and staffing decisions—common challenges that many foreign businesses face in proving the legitimacy and sustainability of their operations. The industry's unique characteristics, including its project‑based nature and specialized staffing requirements, made it particularly challenging to conform to USCIS's traditional expectations for business development. Her case is a stark reminder for prospective entrepreneurs that experienced immigration counsel can provide needed guidance throughout the ups and downs of their U.S. immigration journey. Entrepreneurs must acknowledge that deciding on the right visa type is more than an entry ticket to the United States—a visa is the key to legal rights, business investments, and financial aspirations that influence one's life in the U.S. BUILDING A FOUNDATION FOR LONG-TERM SUCCESS The U.S. business immigration ecosystem is ever-changing and demands legal acumen in business planning—integrating proactive immigration solutions from the very beginning. To achieve lasting success, entrepreneurs need expert legal guidance to navigate the complex steps of immigration and adapt to any changes or updates in the immigration system. Beyond legal counsel, success often hinges on comprehensive preparation and strategic planning. Maintaining detailed business documentation from day one proves crucial for immigration success. Successful immigrant entrepreneurs often distinguish themselves through meticulous record-keeping of business transactions, employee contracts, and market analyses that demonstrate their enterprise's viability. Early strategic planning should include developing detailed business projections, establishing clear organizational structures, and creating systems for tracking achievements and metrics. These elements strengthen visa applications and create a foundation for sustainable growth. Networking within industry associations and chambers of commerce can provide valuable insights into immigration processes and business development. Furthermore, entrepreneurs who actively participate in their industry's ecosystem often find themselves better positioned to demonstrate their legitimacy to immigration authorities. This comprehensive approach, combining thorough documentation with strategic foresight, guarantees that immigration planning aligns with business goals while maintaining strict compliance with U.S. regulations. As we look to the future, business expansion into the United States and immigration to the country will only become more interlinked. In that regard, the aforementioned success story of our entrepreneur client is an excellent example—showcasing that viewing immigration not as a hurdle but as a strategic tool is essential for success. Always remember: proper planning, combined with expert guidance, can transform potential obstacles into opportunities for growth in the American market. The key to sustainable success lies in developing a nuanced understanding of how immigration pathways can support business objectives while ensuring compliance with regulatory requirements.
Bloomberg
34 minutes ago
- Bloomberg
Nordic Capital Pushes Noba Bank's IPO Into Second Half of Year
Nordic Capital is pushing back the launch of its initial public offering of consumer finance provider Noba Bank Group AB citing market volatility. 'We are particularly focused on floating the company in a good listing environment to ensure successful aftermarket performance,' Nordic Capital Partner Christopher Ekdahl told Bloomberg in emailed comments.
