UK bond market chaos disrupts Treasury debt auctions as volatility bleeds across borders

The chaos in the UK government bond market impacted global markets in several ways, but in the US it initially pushed Treasury bond yields up in solidarity, while increasing the cost at which the Treasury US has financed nearly $ 90 billion in debt. On Monday, an auction of $ 43 billion of 2-year Treasuries … Read more

Why a rising 10-year Treasury yield is disrupting financial markets as it approaches 4%

The 10-year Treasury yield, a vital benchmark that influences a wide range of consumer financing costs, is about to hit 4% for the first time in at least 12 years, a development that is starting to take hold in financial markets. The rate TMUBMUSD10Y, 3.978% It climbed to 3.988% on Tuesday, more than double from … Read more

Opinion: reset your retirement calculator now for today’s gloomy stock markets and make sure you’re still on track

When the markets are down, you don’t want to look at your 401 (k) statement. But with a potential “lost decade” of equity returns looming, you need to at least take a look, because it’s time to realize your ability to afford retirement. Economists often point out that stock markets always go up eventually, but … Read more

This “one big predictor of future stock market returns” has fallen sharply — and that’s a bullish sign.

CHAPEL HILL, NC – Much of the bull market excesses have been eliminated, according to the “Single Greatest Predictor of Future Stock Market Returns”. And this is good news. I am referring to the indicator, first proposed by the Philosophical Economics blog in 2013, which is based on the portfolio allocation of an average family … Read more

Sea level rise puts Miami, New York at greater risk of severe and extreme flooding in commercial properties

An earlier version of this article incorrectly referred to potential damages in the billions. This article has been corrected. According to a new DBRS Morningstar report, office buildings, shopping malls and condominiums in coastal US cities worth billions of dollars are on the path of severe flooding as sea levels rise. The credit rating agency … Read more

The first major Wall Street bank to call a US recession says “the pessimists will unfortunately prevail”

Deutsche Bank, which became the first major Wall Street bank to predict a recession in the U.S. in April, is looking into its pro and con list as to why the world’s largest economy could get a soft landing and comes to a conclusion. that it will not. “Our view is that the pessimists will … Read more

US Stocks Close First Consecutive Gains in 2 Weeks as Wall Street Evaluates Powell’s Comments on Further Rate Hikes

US equities closed higher on Thursday with their first consecutive gains in two weeks, as Wall Street evaluated Federal Reserve Chairman Jerome Powell’s comments that the central bank is determined to cut inflation. How shares are traded S&P 500 SPX, + 0.66% gained 26.31 points, or 0.7%, to finish at 4,006.18. Dow Jones Industrial Average … Read more

Shares Close Lower, Dow Swings 400 Points As Nasdaq Sees Longest Losing Streak in 6 Years

The Nasdaq fell for seven consecutive sessions. An earlier version of this story said she had fallen for nine sessions. Shares closed lower on Tuesday after a volatile session that saw the Dow swing around 400 points from peak to low, while the Nasdaq Composite captured its longest losing streak in six years. What happened … Read more

As investors are reading an August employment report as US equities close at their lowest level since July

A stock market rally that followed a healthy rise in US employment in August gave way to losses on Friday with the three major indices closing at their lowest levels since late July, while Wall Street priced one of the last. important economic reports that the Federal Reserve will see before raising the benchmark interest … Read more

Dow, S&P 500 closes up to hit 4-day losing streak ahead of August jobs report

US equities closed mostly higher on Thursday as bond yields rose and another pandemic freeze in the southwestern Chinese metropolis of Chengdu added to concerns over economic growth. The Dow Jones Industrial Average and the S&P 500 Index recorded a four-day losing streak, while the Nasdaq Composite recorded its longest losing streak since February. How … Read more