PENGUIN (NietzscheanPenguin) 24-hour volatility reaches 56.0%: Low liquidity amplifies market fluctuations

According to reports, Anthropic is considering allowing existing shareholders to sell a portion of their shares in the IPO while also exploring a lock-up period longer than 180 days. This aims to meet some liquidity needs of early investors and employees, while controlling the supply and price volatility of shares after the listing. The company plans to publicly disclose its prospectus after the US Labor Day on September 7, and hold an Investor Day in mid-September. Prediction markets indicate that the probability of the company completing its IPO before October has risen to 86%.

According to The Wall Street Journal reporter Nick Timiraos, U.S. Treasury Secretary Yellen is gradually intervening in the Federal Reserve’s traditional policy domain by expanding long-term Treasury buybacks and suppressing yields, sparking concerns about central bank independence. The timing of these moves is abrupt and has been criticized as "price management," adding pressure to the existing interest rate disagreements within the Federal Reserve. This approach also undermines Fed Chair Powell’s policy framework, which relies on obtaining real signals from market prices.