On September 12, European Central Bank President Christine Lagarde told the regional French newspaper Ouest-France that AI-related financing needs are competing with governments for capital, part of why long-term borrowing costs keep rising. No other source reviewed for this article repeats that explanation: the three that mention Lagarde and AI together are all ECB primary sources themselves. This blog has covered the rise in long-term rates three times this year without hea

This fortnight, three sellers packaged the layer that is supposed to make an AI agent reliable: a consulting framework, a rented API, a payments identity standard. The only group that actually measured reliability found a 24.4-point gap between the number an agent posts on average and the number it can be trusted to repeat. The harness has a name, and it still doesn't have a number Every agent runs inside something bigger than the model itself, a loop that manages context, ca

On September 9 the Treasury runs the first operation under a bond buyback program it doubled in size this August, one that two senior officials say could draw on a $950 billion cash reserve, though they would not say how much, if any. The same week, two independent pieces of research price the thing that is actually running short. It is not demand for Treasurys. It is the capacity to keep them safe. The Twist, and what it buys Two senior Treasury officials, speaking to CNBC,