treasury

According to a report by Mobile Payment Network, regarding some payment platforms that are registered only as financial technology companies without obtaining any financial category licenses, the Secretary for Financial Services and the Treasury of Hong Kong, Christopher Hui, stated that appropriate enforcement actions will be taken as necessary under the relevant statutory regulatory framework to maintain financial stability and protect the rights and interests of customers and the public.According to the Hong Kong Payment Systems and Stored Value Payment Instruments Ordinance, unless a statutory exemption is obtained, anyone who issues or operates stored value payment instruments in Hong Kong without a license is committing an offense. If cases of suspected unlicensed operation or violations of the Payment Ordinance are discovered, the Monetary Authority will intervene directly and will collaborate with other relevant regulatory agencies depending on the nature of the case, and will refer the case to law enforcement agencies if necessary.

Digital asset treasury company Evernorth Holdings, Inc. announced that it has completed its business combination with special purpose acquisition company Armada Acquisition Corp. II. Armada was initiated by Arrington XRP Capital Fund, LP. Evernorth aims to provide institutional access to the XRP ecosystem at scale, with common stock expected to begin trading on Nasdaq under the ticker XRPN on October 12, 2026, and ringing the Nasdaq closing bell on October 14.At the time of closing, the company holds approximately 473 million XRP and has raised about $300 million in gross cash proceeds (before transaction expenses). Investors include Arrington Capital, SBI Group, Ripple, Pantera Capital, Kraken, GSR, and others. Founder and CEO Asheesh Birla stated that the goal is to establish an actively managed XRP treasury to support ecosystem growth and meet public market demands for transparency and governance.The company stated that as institutional on-chain finance develops, the need for capital expansion in tokenized assets, on-chain credit markets, and settlement infrastructure arises. Evernorth intends to be a source of such capital and operate according to the reporting, governance, and disclosure standards of Nasdaq-listed companies. Michael Arrington, founder of Arrington Capital, stated that support for Evernorth is an extension of its XRP thesis, which will bring scalable capital, active participation, and public company standards.

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has issued a temporary general license to allow the supply of Russian diesel to global markets.

Pacific Investment Management Company (PIMCO) stated that the yield on the 10-year U.S. Treasury bond faces the risk of reaching 6% for the first time since 2000.

After the overnight decline in U.S. Treasury yields, Japanese government bond yields fell across the board. On Thursday, U.S. Treasury yields decreased due to stable long-term bond auction results and the Treasury's repurchase operations. The market's expectations for further interest rate hikes by the Federal Reserve have cooled, putting downward pressure on U.S. and Japanese bond yields. The yield on Japan's 10-year government bonds fell by 4.5 basis points during the session to 3.035%, the 2-year yield dropped by 1.5 basis points to 1.915%, and the 30-year yield decreased by 4 basis points to 4.08%.

The yield on the 30-year U.S. Treasury bond auction has reached a new high since August 2000.

Danske Bank strategists indicate that the US dollar remains strong against major currencies, supported by high US Treasury yields and expectations of a hawkish Federal Reserve policy.It is expected that the yields on 10-year and 30-year US Treasury bonds may rise to 6%. The relative strength index is at 73.6, and the dollar index is showing strong momentum, but the upside potential may be limited.

Infrastructure Capital Advisors is optimistic about the U.S. 10-year Treasury bond, expecting the Federal Reserve will only raise interest rates once more. The agency's CEO pointed out that a single rate hike aligns with the Federal Reserve's "dot plot," which is less than market expectations. It is anticipated that the yield on the U.S. 10-year Treasury bond will stabilize around 5%.

As of October 7, the winning yield for the 10-year U.S. Treasury bond auction was 5.3%, up from the previous value of 4.83%.

U.S. Democratic Senator Elizabeth Warren questioned Treasury Secretary Scott Bansen about the Treasury's intervention measures in the U.S. Treasury bond market. Warren requested clarification on how funding for Treasury bond repurchases is provided by reducing cash balances and inquired about the impact of rising long-term U.S. Treasury yields on consumer financing costs.

U.S. Treasury bonds resumed their decline on Wednesday, with the 30-year Treasury yield rising to its highest level since 2002, reaching 5.72%. The increase in oil prices has raised market concerns about inflation and interest rate hikes by the Federal Reserve.The yield on the UK 30-year government bond rose to 6%, while the yield on the French government bond of the same duration increased by 14 basis points. Mizuho International strategists stated that the market is affected by the rise in oil prices.

A Reuters survey shows that fixed income strategists expect U.S. Treasury yields to decline in the coming months. Despite the 10-year Treasury yield recording its largest quarterly increase since 1994, strategists remain bearish on yields. The survey indicates that the median expectation is for the 10-year Treasury yield to drop to 5% by the end of the year, 4.9% in six months, and 4.75% in one year.

According to Globenewswire, the U.S. publicly traded company Genius Group announced the restart of its Bitcoin treasury purchase plan. After liquidating its Bitcoin reserves in April this year, the company purchased 10 Bitcoins for approximately $854,000 between October 2 and 5, at an average price of $85,364 per Bitcoin.This purchase is part of its execution of a $1.2 billion "dual treasury" capital plan, which aims to allocate $827 million to Bitcoin and $800 million to AI assets, with a plan to increase the total asset size to $2 billion by fiscal year 2031.

Bank of America Chief Strategist Savita Subramanian stated that bonds have become a competitive alternative asset to stocks for the first time. She pointed out that the yield on the U.S. 10-year Treasury has exceeded 5%, while the S&P 500 index's annualized return over the next 10 years may not reach this level.Subramanian believes that the bond allocation environment is more favorable, and U.S. Treasury yields are unlikely to sustain levels above 6% to 7%.

According to Gate market data, the yield on the 30-year U.S. Treasury bond rose to 5.7041%, increasing by more than 6 basis points during the day, reaching the highest level since 2002.

On Wednesday during the European trading session, U.S. stock index futures showed a lackluster performance, and U.S. Treasury yields rebounded, with the 10-year yield rising above 5.3% and the 30-year yield hovering around 5.69%. Concerns about inflation, an expanding fiscal deficit, and an increase in AI bond issuance have driven yields to high levels. The escalation of geopolitical conflicts in the Middle East has pushed up oil prices, intensifying inflationary pressures. CME FedWatch indicates that traders expect the probability of an interest rate hike in October to be only about 22%.

Immunefi Security Chief Gonçalo Magalhães stated that an unnamed Base treasury suffered a vulnerability exploit of approximately 6 million dollars, while there were still about 31.7 million dollars in assets within the treasury at the time of the incident.According to the briefing, the attacker added a malicious contract to the treasury's lending whitelist through a Safe multi-signature wallet, subsequently withdrawing 1,783 aBaswstETH, which were then exchanged for approximately 1,783 wstETH via AaveV3. Gonçalo Magalhães pointed out that the whitelist's restricted addresses appeared secure, but approved addresses could withdraw assets without collateral, constituting a vulnerability; this whitelist weakness had been discovered the previous week, but researchers lacked a clear disclosure channel. More than 24 hours after the incident, no team has publicly claimed responsibility or disclosed remedial measures.

The winning yield of the 3-year U.S. Treasury bond is 4.932%, the highest auction yield since 2006.

According to The Block, Nasdaq-listed Solana Treasury company DeFi Development Corp. (DFDV) announced that it has approved an open-ended buyback plan to repurchase all outstanding shares of its CHAD preferred stock, including any shares that may be issued in the future.The plan gives the company flexibility to repurchase when the trading price of CHAD is below the $10 par value. The company stated that it does not intend to immediately buy back CHAD but hopes that the preferred stock will stabilize near the par value first.DeFi Development CEO Joseph Onorati stated that the company's primary goal is simple: to bring CHAD back to par value. He mentioned that this is not an announcement to buy CHAD today, but rather to set up the infrastructure, so that once CHAD stabilizes near par value, if it subsequently falls below par, the company will have an additional tool available. He also stated that the company views CHAD as a long-term financing platform rather than a one-time issuance.This open-ended authorization adds a potential funding allocation tool to DeFi Development's existing $300 million At-the-Market (ATM) issuance plan for CHAD, which the company previously stated would be used to raise funds for increasing its holdings of SOL. The company paid the first dividend on CHAD on October 1.Additionally, the company stated on Monday that preliminary estimates for the third quarter show that as its Solana Treasury increased to 2.56 million SOL over the past week, the net asset value per share has more than doubled compared to before. DFDV's stock price rose 3.3% during Tuesday's trading session.

Rupert Harrison, a senior advisor at the global large bond investment institution Pinhao, stated that after a significant increase in U.S. Treasury yields recently, they are now at a level with high investment value. This week, the yields on 10-year and 30-year U.S. Treasuries both reached a 24-year high, mainly due to market concerns about inflation and high fiscal deficits.