30-Year Treasury (ZB) — Producer Price Index MoM (Aug) at 12:30 UTC — estimate +0.3% vs prior 0.0%;…
Market pricing structural bearish duration environment with 30Y at 5.24% near 19-year highs; ZB consolidating at 108.625 near 52-week low 108.31 awaiting Sep 10-11 PPI/CPI for directional catalyst; Bessent buyback doubling acknowledged as partial offset but not a game-changer; 51% September hike pro