China tells banks to limit U.S. Treasuries

Market update for Monday February 9, 2026

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In today’s episode:

• Stocks rally to end last week, but Wall Street remains skeptical of the bounce

• Novo Nordisk sues Hims over alleged copycat weight-loss drugs and GLP-1 patents

• China urges banks to limit exposure to U.S. Treasuries, rattling bond markets

• Super Bowl betting hits a record as prediction markets take share from sportsbooks