US sells 4-wk bills at high-rate 3.615%, B/C 3.07x; sells 8-wk bills at high-rate 3.610%, B/C 3.20x

Fed's Daly (2027 Voter) says have had productivity growth, outside of historic norms, possibly due to cost savings from AI, but not heard from businesses that they are seeing transformative productivity gains yet, via Bloomberg TV

Texas AG reportedly opens probe into Celsius (CELH)

US sells 4-wk bills at high-rate 3.615%, B/C 3.07x; sells 8-wk bills at high-rate 3.610%, B/C 3.20x

European Closes: Euro Stoxx 50 +0.81% at 6,103, Dax 40 +0.48% at 24,916, FTSE 100 +0.27% at 10,360, CAC 40 +1.15% at 8,244, FTSE MIB +0.27% at 50,174, IBEX 35 +0.55% at 18,276, PSI -0.88% at 8,920, SMI +0.93% at 13,341, AEX +0.27% at 1,047.

US Treasury Secretary Bessent on foreigners targeting US firms, says "we cannot have this" and pushing Canada and Europe on digital services taxes