TREASURY VOLATILITY SURGES AS FED BETS SHIFT U.S. Treasury volatility is heading for its biggest weekly jump in over a year, with the MOVE Index up nearly 30%. Hotter economic data and elevated oil prices have fueled a sharp repricing of Fed tightening, pushing long-term yields to multi-decade highs. Markets now price roughly a 70% chance of an October rate hike, versus virtually zero at the start of September. kalshi.com/markets/kxfeddeci…

FED’S HAMMACK WARNS INFLATION RISKS REMAIN HIGH Fed’s Beth Hammack says the biggest risk is persistent inflation becoming embedded in public expectations. With economic growth holding up and the labor market stable, she warned that strong demand and capital spending could keep inflation elevated. Hammack said the Fed must maintain a restrictive policy stance until clear progress is made toward lowering inflation.

TRUMP: WILL BE MEETING WITH XI AGAIN IN NOVEMBER, IN CHINA, AND THEN AT G20 IN DECEMBER, IN MIAMI, FLORIDA TRUMP: MUCH HAS BEEN, AND WILL BE, ACCOMPLISHED

YEMEN'S PRESIDENTIAL COUNCIL CHAIRMAN CALLS ON YEMENIS TO MOBILISE AND JOIN ARMED FORCES

PUTIN: RUSSIA IS NOT PREPARING FOR ANY HOSTILITIES WITH EUROPE - IFX

PUTIN: KYIV HAS BEGUN ATTACKS ON CIVILIAN INFRASTRUCTURE; NOW IT MUST FACE THE CONSEQUENCES - TASS

XI WRAPS UP STATE VISIT TO U.S. - XINHUA

PUTIN: RUSSIA WAS READY TO RESUME NEGOTIATIONS WITH KYIV AFTER THE ELECTIONS, BUT UKRAINE ATTEMPTED TO STRIKE MOSCOW AND ATTACKED POLLING STATIONS - TASS

*TRUMP TO UNVEIL NEW GOVERNMENT WEBSITE ON TUESDAY: FOX NEWS

TRUMP ADMINISTRATION LOCKS IN $400M UKRAINE AID The Trump administration plans to obligate nearly all $400 million in military aid for Ukraine before funding expires September 30. About $307 million is already committed, with the remaining $93 million expected to be secured before the deadline. Deliveries include offensive weapons and armored-vehicle parts, but no Patriot missiles. Some equipment may not reach Ukraine until 2029.

TRUMP: WANT TO KEEP BESSENT AT TREASURY

TRUMP: SCOTT BESSENT WILL NOT BE GOING TO BE SUPER INTELLIGENCE (SI) CZAR. TRUMP: BESSENT DOING SUCH A GREAT JOB AT TREASURY

TRUMP ADMINISTRATION TO MEET SEPTEMBER 30 DEADLINE TO COMMIT TO SPENDING $400 MILLION IN UKRAINE MILITARY AID, SOURCES SAY

SOLIDIGM EYES MASSIVE $150 BILLION IPO SK Hynix’s Solidigm is considering a U.S. IPO as early as next year that could value the chipmaker at up to $150 billion, Reuters reports. The company could raise around $15 billion, potentially making it the largest-ever U.S. semiconductor listing. Solidigm specializes in NAND memory and enterprise SSDs, with AI-driven data-center demand supporting its rapid growth.

SK HYNIX'S SOLIDIGM EYES 2027 IPO THAT COULD VALUE IT AT $150 BILLION, SOURCES SAY SOLIDIGM HELD PITCH MEETINGS THIS WEEK WITH BANKS FOR ROLES IN THE IPO, SOURCES SAY

XI SAYS FUTURE OF CHINA-U.S. TIES BRIGHT -XINHUA

PALANTIR CO-FOUNDER JOE LONSDALE SAYS HE BACKS AMODEI AS THE RIGHT LEADER FOR ANTHROPIC

PALANTIR CO-FOUNDER JOE LONSDALE SAYS OPENAI, ANTHROPIC’S AI POLICY PUSH IS 'VERY DANGEROUS'

SENIOR IRANIAN OFFICIAL TO REUTERS: IRAN WILL MAKE NO CONCESSIONS ON ITS NUCLEAR PROGRAM

SENIOR IRANIAN OFFICIAL TO REUTERS: STRAIT OF HORMUZ WILL REMAIN CLOSED, NO NUCLEAR TALKS WITH UNITED STATES UNTIL IRAN'S CONDITIONS MET

NORTH SEA OIL FREIGHT RATES CLIMB AGAIN Platts kept the October Forties de-escalator unchanged at 15 cents, while Aframax freight rates moved higher again. Meanwhile, there were no bids or offers for North Sea crude grades during the Platts pricing window for a second consecutive day.