Saudi Arabia has approved new regulations allowing the early extension of lease contracts for major municipal investment projects, enabling investors to expand and upgrade developments while supporting private sector growth, urban development, and the long-term value of municipal assets.

U.S. two-year Treasury yields climbed to their highest level in nearly 18 months as investors increased bets that the Federal Reserve will raise interest rates to tackle persistent inflation. Markets are now pricing in a higher likelihood of a rate hike, with upcoming inflation data and Fed Chair Kevin Warsh’s congressional testimony expected to shape expectations further. Read more via the link in our bio.