Charts

Chart of the day — 2026-08-26

Sources: Tungsten West plc, “Strategic Investment by the UK Government NWF”, RNS, 25 August 2026;

Chart of the day — 2026-08-25

Source: Federal Reserve Board, H.15 Selected Interest Rates, release dated 24 August 2026, carrying

Chart of the day — specification

Source: each fund’s Form 8-K Exhibit 99.1.

Chart of the day — specification

Source: Federal Reserve H.15 (DFII30, DFII10), latest observation 19 August 2026. Diamonds mark auction stop-out yields — a different measure from the daily constant-maturity curve.

Chart of the day — 2026-08-20

The repricing is in the long end, not the policy rate

The repricing is in the long end, not the policy rate.

The circular capital stack

The circular capital stack. All figures from NVIDIA’s Form 8-K (17 August 2026), the NVIDIA and OpenAI releases (17 August) and the US DOE fact sheet (February 2026). The $105bn is a contingent cap, not deployed capital.

The weekend print — Hormuz commodity transits, 31 / 5 / 0

Hormuz commodity transits, Kpler via Reuters reprints. Vendor observation. Not an official tally.