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Business Brief (Sept. 4): U.S. 30-Year Treasury Yield Tops 5%

Published: Sep. 4, 2025  5:32 p.m.  GMT+8
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Global bond markets enter new pricing cycle

Global bond markets have recently experienced synchronized volatility, with the U.S. 30-year Treasury yield briefly breaking 5% and long-term yields rising sharply in France, Italy, and Germany.

U.S. tightens visa interview waiver policy

Starting Sept. 2, the U.S. State Department has significantly tightened its interview waiver policy for nonimmigrant visas, broadly reinstating the requirement for in-person interviews with consular officers. The move highlights a contradiction in U.S. policy, which also tries to retain the economic benefits of international students.

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  • Global bond markets see sharp long-term yield rises; US 30-year Treasury briefly exceeds 5%.
  • OpenAI acquires Statsig for $1.1 billion; ByteDance launches Jimeng AI on its Volcano Engine.
  • US tightens nonimmigrant visa interview waivers; Hong Kong property transactions hit 4-year high.
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Who’s Who
OpenAI
OpenAI acquired Statsig, a U.S. product testing platform, for $1.1 billion. Statsig's founder and CEO, Vijaye Raji, will join OpenAI as CTO of applications. Statsig will continue to operate independently. This acquisition, pending regulatory approval, aims to enhance product testing and real-time decision-making capabilities.
ByteDance Ltd.
ByteDance Ltd. has launched its image and video generation application, Jimeng AI, on its cloud service platform, Volcano Engine. This includes offering API services for image, video, and digital human generation to corporate clients. Additionally, ByteDance plans to issue more stock options to its Seed department’s technical staff focusing on large models.
BeiGene
BeiGene will be added to the FTSE China A50 Index in its latest quarterly review. This indicates BeiGene's growing prominence and inclusion in a significant financial index.
Google
Google experienced an over 8% rise in its shares. This surge followed a court ruling that determined Google is not required to divest its browser business.
UBTech
UBTech (优必选) has secured a significant 250 million yuan procurement contract. This contract is for its embodied AI humanoid robot products and solutions, indicating strong demand and confidence in their advanced robotics technology.
Apple
Apple is rumored to be preparing to ship 10 million units of its first foldable iPhone. Additionally, a foldable iPad is reportedly slated for release by the company in 2028.
Nio
Nio is aiming for profitability within the fourth quarter of the year. The company has set a monthly delivery target of over 50,000 vehicles to achieve this goal.
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What Happened When
August 2025:
Retail sales of new-energy passenger vehicles in China reach 1.1 million units, up 5% year-on-year, according to preliminary data from the China Passenger Car Association.
Sept. 2, 2025:
The U.S. State Department significantly tightens its interview waiver policy for nonimmigrant visas, broadly reinstating the requirement for in-person interviews with consular officers.
Sept. 2, 2025:
OpenAI announces its acquisition of Statsig for $1.1 billion; Statsig founder and CEO Vijaye Raji will join OpenAI as CTO of applications.
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