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Cook Says Apple’s Supply-Chain Flexibility Is Lower Than Usual

Apple CEO Tim Cook said that the supply chain is currently less flexible than it used to be. He said the issue lies in cutting-edge chip production. That means TSMC is not providing Apple with more wafers, or at least not the amount Apple had expected. “We are…

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U.S. Treasury yields were mixed in late New York trading Thursday

On Thursday (July 30), at the New York close, the yield on the U.S. 10-year Treasury note fell 0.40 basis point to 4.6733%. It hit an intraday high of 4.7099% at 2:16 p.m. Beijing time, then moved lower and reached a daily low of 4.6509% at 9:38 p.m. The 2-yea…