Bond News Today — July 28, 2026

As the week progresses, investors are keeping a close eye on the bond market, where concerns about the tech sector are starting to take hold. The sell-off in chip stocks, exemplified by the 13% plunge in SK Hynix shares in Seoul, is having a ripple effect on the bond market, particularly in AI-related bonds. With Meta and Microsoft's earnings on the horizon, investors are bracing for potential volatility, and the cracks in AI-related bonds are starting to show. This uncertainty is being felt across the market, as investors weigh the potential risks and rewards of their bond holdings.

Meanwhile, the broader economic landscape is also being shaped by factors outside of the tech sector. The ongoing debate about interest rates, fueled by President Trump's calls for rate cuts, is adding to the uncertainty in the bond market. The president's comments about Federal Reserve officials, including his backing of Kevin Warsh, are being closely watched by investors, who are trying to gauge the potential impact on monetary policy. Additionally, demographic trends, such as the increasing number of people working beyond the age of 70, are highlighting the complexities of the US economy and the potential implications for Social Security and other programs. As these various threads intersect, bond investors are navigating a complex and rapidly evolving landscape.

Today's signal:
• ‘I’m in my peak earning years’: I’m working beyond 70. Will that help increase my Social Security? (marketwatch.com)
• SK Hynix shares plunge 13% in Seoul as chip sell-off deepens (cnbc.com)
• More cracks emerge in AI-related bonds as Meta, Microsoft earnings loom (marketwatch.com)
• ‘I know what he wants to do,’ Trump says of Fed’s Warsh, as president presses for rate cuts (marketwatch.com)
• Trump backs 'fantastic' Warsh while calling for lower rates and citing 'bad intentions' of other Fed officials (cnbc.com)
• Consolidated food supply may be worsening cyclospora outbreaks, experts say (cnbc.com)