ICG Plc is targeting €15 billion for its sixth European direct lending fund, according to Bloomberg. The firm is among the biggest private-credit managers attracting most new institutional money.

Higher borrowing costs are also threatening the stock rally, according to Bloomberg.

U.S. Treasury yields climbed to near a three-year high this week, with the 10-year yield briefly touching 4.98% in Asian trading on Friday before easing to 4.94% in London. According to Sina Finance, U.S. Treasury Secretary Scott Bessent tried to steady the $32 trillion U.S. Treasury market, but investors said his first move was too cautious to curb the surge in yields. The Treasury Department launched a $6 billion buyback program, but borrowing costs kept rising. According to Sina Finance, Morgan Stanley Wealth Management chief economic strategist and Treasury Borrowing Advisory Committee member Ellen Zentner said some U.S. measures have taken on emerging-market-style risks. The report said the rise in borrowing costs was triggered by a sharp jump in oil prices after conflict between the United States and Iran in the Strait of Hormuz escalated on Thursday, while Iran-backed Houthi forces launched attacks that threatened regional energy supplies. Brent crude had earlier approached $110 per barrel before falling below $105. According to Sina Finance, Treasury officials said the first buyback operation was capped at $6 billion, above the at least $4 billion promised when the plan was announced in mid-August, but some banks and investors had expected a larger move. The Treasury said it accepted $5.2 billion in sell offers on Thursday. The article also said Bessent has taken a more aggressive approach in recent weeks, including support for the yen and pressure on the euro at the end of July, and warning investors not to short the yen.

According to Wallstreetcn, Baidu's Miaoda launched a no-code application marketplace on September 11 to connect enterprises' real needs in business processes and marketing promotion with the supply and demand chain of OPC creators, pushing AI applications from development toward being used and sold.

SEBI and the RBI have launched a tokenized corporate bond pilot involving 10.25 billion rupees. Three companies issued bonds through the new market infrastructure. According to NS3.AI, Demat 2.0 records the bonds as digital tokens on a distributed ledger. Later phases are expected to add secondary trading and retail investor access.

Even without the Clarity Act, the U.S. regulatory framework for stablecoins, token issuance, tokenized securities, and perpetual futures is becoming increasingly clear.

Polymarket odds that the CLARITY Act (H.R. 3633) will be signed into law in 2026 briefly rose to 28% before easing to 20% at press time. According to Foresight News, the market's cumulative trading volume is about $15.04 million. Senate Majority Leader John Thune has filed a motion to end debate on the bill's motion procedure. The next procedural vote, which will decide whether formal debate begins rather than the bill's final passage, is scheduled for September 15 and requires 60 votes to advance. The Senate is currently in recess and will reconvene on September 14. Market rules state that the CLARITY Act will resolve to "yes" if it passes both chambers of the U.S. Congress and is signed into law by the president before January 1, 2027, 12:59, and to "no" otherwise. The main data sources are the U.S. Congress legislative tracking page and other official or authoritative information. Updated rules say the bill will be treated as signed into law if it is enacted through any mechanism, regardless of whether the president signs it personally.

Cameron Dawson, chief investment officer at NewEdge Wealth, said bond yields could be in the midst of a secular uptrend and that rising yields will keep pressuring equity valuations, according to Bloomberg. She also said there are tactical buying opportunities in US Treasuries and made the comments on Bloomberg Surveillance.

This article exposes a new type of scam disguised as "anti-money laundering (AML) review".

Wells Fargo pointed out a real risk, but offered an explanation that was most favorable to the bank.

Leading exchanges are starting to use real money to bind themselves and the users and channels they have accumulated with crypto exchanges.

DBS and Citi completed a weekend US dollar payment between Singapore and the US using tokenised deposits through Swift’s Digital Ledger, with the transaction taking minutes.

Sam Bankman-Fried is taking his fight over the collapse of FTX to the US Supreme Court, asking the justices to overturn his fraud conviction, order a new trial and throw out an $11 billion forfeiture that could help compensate victims of his crimes.

A difference of a decimal point could directly determine whether the Federal Reserve raises interest rates next week: a core CPI increase of 0.2% month-on-month means no change, while 0.3% would trigger a rate hike.

Coinbase has renamed the Base App back to Coinbase Wallet after its social-focused experiment fell short. The wallet is now focused on multichain trading, including perpetual futures, prediction markets and tokenised stocks, while remaining self-custodial.

Why is this vote crucial? What are the changes in the new version of the bill? What are the main obstacles facing the Clarity Act? What would be the significance if it passes? What are the industry insiders' views?

South Korea, Cryptocurrency, $62 Billion Gap: South Korea's Missing Corporate Cryptocurrency Market (Golden Finance, Opportunities Brought by Corporate Access)