Treasury
3-MO 3.83% +1bp 6-MO 3.98% unch 1-YR 4.08% +4bp 2-YR 4.28% +5bp 3-YR 4.34% +4bp 5-YR 4.45% +7bp 7-YR 4.59% +7bp 10-YR 4.75% +7bp 20-YR 5.28% +6bp 30-YR 5.27% +6bp 3-MO 3.83% +1bp 6-MO 3.98% unch 1-YR 4.08% +4bp 2-YR 4.28% +5bp 3-YR 4.34% +4bp 5-YR 4.45% +7bp 7-YR 4.59% +7bp 10-YR 4.75% +7bp 20-YR 5.28% +6bp 30-YR 5.27% +6bp 3-MO 3.83% +1bp 6-MO 3.98% unch 1-YR 4.08% +4bp 2-YR 4.28% +5bp 3-YR 4.34% +4bp 5-YR 4.45% +7bp 7-YR 4.59% +7bp 10-YR 4.75% +7bp 20-YR 5.28% +6bp 30-YR 5.27% +6bp 3-MO 3.83% +1bp 6-MO 3.98% unch 1-YR 4.08% +4bp 2-YR 4.28% +5bp 3-YR 4.34% +4bp 5-YR 4.45% +7bp 7-YR 4.59% +7bp 10-YR 4.75% +7bp 20-YR 5.28% +6bp 30-YR 5.27% +6bp 3-MO 3.83% +1bp 6-MO 3.98% unch 1-YR 4.08% +4bp 2-YR 4.28% +5bp 3-YR 4.34% +4bp 5-YR 4.45% +7bp 7-YR 4.59% +7bp 10-YR 4.75% +7bp 20-YR 5.28% +6bp 30-YR 5.27% +6bp 3-MO 3.83% +1bp 6-MO 3.98% unch 1-YR 4.08% +4bp 2-YR 4.28% +5bp 3-YR 4.34% +4bp 5-YR 4.45% +7bp 7-YR 4.59% +7bp 10-YR 4.75% +7bp 20-YR 5.28% +6bp 30-YR 5.27% +6bp
US Treasury par yield curve · Jul 31 · Source: U.S. Treasury
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Truth API

Trump Media set 1 August as the day its paid Truth Social feed reaches institutional customers, and a letter from two senators asks the SEC to investigate it

Money & World
The Editorial Team ·
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Trump Media and Technology Group announced Truth API on 16 July, in a press release that names no price.

It names a date. The company said it anticipated the service being available to institutional customers beginning 1 August 2026, which is today, and that customers had signed up ahead of the launch with more being onboarded.

What the company says it sells

The release describes a business-to-business data feed carrying licensed, real-time access to posts from the highest-ranking Truth Social accounts. It says delivery uses industry-standard methods, reaches customers in milliseconds, is expected to run continuously, and includes a historical archive of posts going back to 2022. The intended buyer is named plainly: high-frequency and algorithmic trading firms that want a low-latency, machine-readable feed instead of watching the site by hand.

Kevin McGurn, the company's Interim Chief Executive Officer, is quoted in the release saying that markets already move on Truth Social posts, and describing the product as a way to monetise proprietary assets through a high-margin, recurring revenue stream.

No subscription price appears in the document.

What the senators asked for

Senator Elizabeth Warren, the Ranking Member of the Senate Banking Committee, and Senator Adam B. Schiff wrote to Securities and Exchange Commission Chair Paul Atkins on 28 July. The letter asks the Commission to immediately open an investigation into whether the arrangement violates applicable securities laws, and it asks for answers before the 1 August release date.

Three numbered questions follow. The first asks for the Commission's analysis of the service under the securities laws, including those on insider trading and market manipulation. The second asks for any earlier analysis staff have already done. The third asks what the Commission plans to do about the early release of information from the highest levels of government to selected firms, and breaks that into enforcement mechanisms, protocols to keep any investigation of top Truth Social accounts insulated from political leadership, and the tools available to retail investors.

The letter puts the president's stake in the company at 41 percent. It gives the subscription range as $60,000 to $100,000 a month, and footnotes that figure to news reporting rather than to the company.

The response, and what is not established

Reporting by Bobby Allyn at NPR carries the company's answer. Shannon Devine, a spokeswoman for Trump Media and Technology Group, said Truth API offers customers the fastest way to ingest publicly available Truth Social data, and rejected the insider trading characterisation on the ground that the data is public. Devine also dismissed the senators' letter as an effort to pressure businesses into boycotting a publicly traded company. NPR reports that the Commission declined to comment, and quotes Renée Jones, a Boston College professor and former Commission official, saying the paid offering appears to run afoul of insider trading laws.

Nothing here establishes that any law has been broken. A letter from two members of the minority is a request, not a finding, and the Commission has not said whether it will act on it. The company denies the characterisation. Both documents are linked above so the wording can be checked rather than taken on trust.

Where we read it: Bobby Allyn at NPR. Read their story.

The document: Letter to Securities and Exchange Commission Chair Paul Atkins from Senator Elizabeth Warren, Ranking Member of the Committee on Banking, Housing, and Urban Affairs, and Senator Adam B. Schiff, dated 28 July 2026, five pages, hosted on banking.senate.gov. The PDF was fetched and its text extracted and read in full here rather than summarised by any fetch tool, in line with RULEBOOK 2a. Identifiers matched: the addressee is Chair Atkins, the date line reads July 28, 2026, the signature block carries both senators, and the request appears twice, at the foot of page one and again on page four, as a request that the Commission immediately open an investigation into whether the arrangement violates applicable securities laws. The three numbered questions on page four were read as written. The letter asks for responses ahead of the service release on August 1, 2026. Note on dating: the reporting cited below describes the letter as sent on a Wednesday, while the document itself is dated 28 July 2026, which is a Tuesday. The document date is used here. The second document, the company press release of 16 July 2026 timestamped 9:00:00 AM and distributed through GLOBE NEWSWIRE, was fetched separately from the investor relations host at s3.amazonaws.com/b2icontent.irpass.cc/2660/rl168199.pdf and its two pages extracted and read in full. It is the source of the launch date, the product description, the archive back to 2022, and the quotation from Kevin McGurn, Interim Chief Executive Officer. That release states no price anywhere. The price range attributed below is the range stated in the senators' letter, which the letter itself footnotes to news reporting rather than to the company. No conduct is asserted anywhere in this item. The senators request an investigation, a former Commission official gives an opinion, and the company denies the characterisation, and each is attributed to the party that said it. The company was not asked for comment by this publication; its statement is quoted from the credited reporting, which obtained it..

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