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Bessent faces bond-market test as Treasury tries to rein in long-term yields

US Treasury secretary Scott Bessent is taking on increasingly sceptical bond investors as Washington attempts to contain rising borrowing costs in the $32tn Treasury market without addressing the…

  • Treasury Secretary Bessent tackles long-term bond yield control challenge.
  • 10- and 30-year Treasuries yield climb despite increased purchases.
  • Administration plans to boost regular Treasury purchases to $4 billion.

DE Shaw builds $1bn-plus Sysco position

DE Shaw has accumulated a stake worth more than $1bn in Sysco, adding significant weight to the hedge fund’s long-standing investment in the US food distribution giant as the company seeks to…

  • DE Shaw invests $1.1 billion in Sysco, undisclosed before.
  • Sysco prepares to refresh board, focus on tech and automation.
  • DE Shaw backs Sysco's AI strategy, expects $100M cost savings by 2027.

KKR-backed Arctos in talks to acquire 10% stake in Atlanta Falcons

KKR-backed sports investment firm Arctos Partners is in discussions to acquire a 10% minority interest in NFL franchise the Atlanta Falcons, according to a report by Bloomberg citing unnamed people…

  • KKR-backed Arctos Partners seeks 10% stake in Atlanta Falcons
  • Acquisition would give Arctos most NFL franchises of any private equity firm
  • NFL permits private equity firms to own up to 10% stakes in teams

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