Public Markets 8 Hours

Last updated: August 22, 2026, 2:33 AM ET

Public Markets

The Treasury Department's attempt to soothe the bond market with a buyback announcement proved temporary. While the move initially stemmed a selloff, bond market volatility resurfaced shortly thereafter. Traders remain focused on Treasury yields and their implications for broader market sentiment.

Corporate News & Legal Developments

In a significant privacy settlement, TikTok has agreed to pay $400 million to resolve a lawsuit alleging the company illegally collected children's data. Meanwhile, Boeing is facing labor unrest as engineers and technicians rejected a contract offer, with union members authorizing a potential strike. The Pentagon has also dismissed key staff from the military newspaper Stars and Stripes for insubordination.

Legal Proceedings

In a separate legal matter, closing arguments are anticipated Monday in the murder trial where the defense is focusing on an insanity plea. The prosecution is presenting evidence regarding whether the defendant, Ms. PERSON_NAME, was experiencing psychosis when she allegedly killed her three children.