USA & Canada Intelligence Brief August 13, 2026: The Number Under The Number

USA & Canada Intelligence Brief — Tuesday, August 11, 2026

Markets reversed September Fed odds in four days on oil: weak jobs Friday killed them, $88 Brent Tuesday revived them, pushing 10-year Treasury to 4.72%. Tech earnings from AI spending show returns; 30-year yields above 5% signal fiscal pressure—rate swings now driven by energy markets, not Fed policy.