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Finance

Nasdaq hits record high as bonds flash warning signs in U.S. stocks

U.S. stocks kept hitting record levels despite a sharp rise in Treasury yields, driven by strong gains in AI megacaps such as Nvidia, Microsoft and Meta, an analysis said. CNBC’s Jim Cramer said a handful of heavily weighted stocks were distorting indexes and masking broader weakness from higher rates. He pointed to pressure on defensive and utility shares and said investors should watch the bond market more closely than stock indexes for direction.

Crypto

Bitcoin up 43 percent in third quarter; U.S. Treasury yields are key variable

Bitcoin posted its strongest third-quarter gain since 2017, rising 43 percent, but U.S. Treasury yields above 5 percent have emerged as a key variable for extending the rally. Delphi Digital said high rates and surging yields are weighing on risk assets. Some market participants say bitcoin is benefiting from demand linked to concerns about currency debasement. Recent weak U.S. jobs data lowered expectations of an October rate hike.

Finance

Woori Bank launches savings product offering up to 9 percent interest

Woori Bank has launched the Woori Financial Together Savings 2 product linked to Woori Financial Group\'s 2026 Woori Financial Together Festa. The savings account offers a maximum annual interest rate of 9 percent, combining a base rate of 3.5 percent with up to 5.5 percentage points in preferential rates. The 12-month, non-face-to-face product is available via WooriWON Banking, with monthly deposits capped at 300,000 won.