STORY: From Nvidia closing the U.S. earnings season to why long-dated government bonds have become a hot spot, these are the stories to watch in business and finance in the coming week.

:: Look Ahead

:: Ending on a chip

Results from Nvidia are due on Wednesday and round out the Q1 U.S. reporting season.

Despite two years of massive gains, Nvidia's stock performance has leveled off so far in 2025.

Nvidia's report could test the stock market rebound, with the S&P 500 approaching record highs after teetering on the brink of a bear market last month.

:: Home to roost

The consequences of governments not doing enough to improve their finances amid surging debt levels are coming home to roost.

Just days after the U.S. lost its top-notch triple-A credit rating with Moody's, a $16 billion sale of 20-year U.S. Treasuries saw soft demand.

Japan also had its worst auction result since 2012 - sending 30-year government bond yields to record highs.

In addition, 30-year U.S. yields are back above 5%, dragging others higher.

The long-dated government bond market - not known for its volatility - has suddenly become a hot spot.

:: Rate meetings

Australia's inflation data on Wednesday will be watched after the central bank cut rates in May and signaled an openness to additional easing.

New Zealand's central bank is seen trimming the cash rate by another quarter point the same day.

On Thursday, the Bank of Korea looks ready to cut amid concerns about growing economic headwinds.

The bellwether Tokyo consumer price index is due on May 30 and the Bank of Japan says it plans to keep raising interest rates if prices gain in line with forecasts.

:: Pressure gauge

The Fed's targeted inflation metric, Personal Consumption Expenditures, could paint a clearer picture of the impact U.S. tariffs are having.

April figures are due on Friday.

April was a volatile month after U.S. President Donald Trump's tariff onslaught, but recent consumer and producer prices data have not flashed inflationary warning signs just yet.