diff --git a/services/agent/observability/__init__.py b/services/agent/observability/__init__.py
new file mode 100644
index 00000000..e69de29b
diff --git a/services/agent/observability/events.py b/services/agent/observability/events.py
new file mode 100644
index 00000000..761d1298
--- /dev/null
+++ b/services/agent/observability/events.py
@@ -0,0 +1,23 @@
+from dataclasses import dataclass, field
+from datetime import datetime, UTC
+
+
+@dataclass
+class LearningEvent:
+    agent_id: str
+    event_type: str
+    payload: dict
+    created_at: datetime = field(
+        default_factory=lambda: datetime.now(UTC)
+    )
+
+
+class LearningEventBus:
+    def __init__(self):
+        self.events = []
+
+    def publish(self, event: LearningEvent):
+        self.events.append(event)
+
+    def latest(self):
+        return self.events[-1] if self.events else None
diff --git a/services/agent/observability/metrics.py b/services/agent/observability/metrics.py
new file mode 100644
index 00000000..37e319e8
--- /dev/null
+++ b/services/agent/observability/metrics.py
@@ -0,0 +1,23 @@
+from dataclasses import dataclass, field
+from datetime import datetime, UTC
+
+
+@dataclass
+class LearningMetric:
+    agent_id: str
+    metric: str
+    value: float
+    created_at: datetime = field(
+        default_factory=lambda: datetime.now(UTC)
+    )
+
+
+class LearningMetricsStore:
+    def __init__(self):
+        self.metrics = []
+
+    def record(self, metric: LearningMetric):
+        self.metrics.append(metric)
+
+    def latest(self):
+        return self.metrics[-1] if self.metrics else None
diff --git a/services/agent/observability/tracing.py b/services/agent/observability/tracing.py
new file mode 100644
index 00000000..2761caa2
--- /dev/null
+++ b/services/agent/observability/tracing.py
@@ -0,0 +1,23 @@
+from dataclasses import dataclass, field
+from datetime import datetime, UTC
+
+
+@dataclass
+class LearningTrace:
+    agent_id: str
+    action: str
+    outcome: str
+    created_at: datetime = field(
+        default_factory=lambda: datetime.now(UTC)
+    )
+
+
+class LearningTracer:
+    def __init__(self):
+        self.traces = []
+
+    def trace(self, item: LearningTrace):
+        self.traces.append(item)
+
+    def last(self):
+        return self.traces[-1] if self.traces else None
diff --git a/tests/agent/test_learning_observability.py b/tests/agent/test_learning_observability.py
new file mode 100644
index 00000000..43a86c1f
--- /dev/null
+++ b/tests/agent/test_learning_observability.py
@@ -0,0 +1,54 @@
+from services.agent.observability.metrics import (
+    LearningMetric,
+    LearningMetricsStore,
+)
+from services.agent.observability.events import (
+    LearningEvent,
+    LearningEventBus,
+)
+from services.agent.observability.tracing import (
+    LearningTrace,
+    LearningTracer,
+)
+
+
+def test_learning_metrics():
+    store = LearningMetricsStore()
+
+    store.record(
+        LearningMetric(
+            agent_id="AEON-001",
+            metric="accuracy",
+            value=0.98,
+        )
+    )
+
+    assert store.latest().value == 0.98
+
+
+def test_learning_events():
+    bus = LearningEventBus()
+
+    bus.publish(
+        LearningEvent(
+            agent_id="AEON-001",
+            event_type="learning_update",
+            payload={"score": 0.95},
+        )
+    )
+
+    assert bus.latest().event_type == "learning_update"
+
+
+def test_learning_trace():
+    tracer = LearningTracer()
+
+    tracer.trace(
+        LearningTrace(
+            agent_id="AEON-001",
+            action="policy_update",
+            outcome="approved",
+        )
+    )
+
+    assert tracer.last().outcome == "approved"