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New Zealand's stock market has notched its best two-day rally since June, gaining 3.2% on Thursday's close. The currency touched a one-year low of $0.5917 on Friday and traded a little firmer at ...
"We could easily get a scenario where the Fed will basically have to reverse course and begin to stay on hold," Apollo's Torsten Sløk said.
In commodities, bonds, and crypto: West Texas Intermediate crude oil dipped 1% to $71.03 a barrel. Brent crude , the international benchmark, was lower by 1.01% to $75.27 a barrel.
Yields edged up this week after a hotter-than-expected inflation report. Some traders are now eyeing the 10-year bond hitting 5% in the coming weeks.
The bond market is stealing the spotlight as we turn the corner into a new year that rang in yields not seen since 2007. In October the yield only briefly tapped 5%. In October the yield only ...
What just happened in bond market this week? Earlier in the week, the British pound fell to a new low against the U.S. Dollar and the U.K.’s 2-year Gilt surged after Primer Minister Liz Truss ...
Bond yields are back to the highs last seen in October of 2023. The strong December jobs report took the 10-year Treasury note yield to 4.75%. With all of the major indices not far from all-time ...
Donald Trump won decisively in the U.S. presidential election and the U.S. bond market celebrated by falling, at least in the immediate aftermath of the news.