US Strategic Petroleum Reserve Falls to Lowest Level Since 1982 as the Oil Shock Drags On
The United States’ emergency oil stockpile has shrunk to its lowest level in more than four decades, a stark measure of how long the Middle...
Category : Finance
US Consumer Confidence Sinks to Lowest Level in More Than 12 Years as Fuel Costs Bite
American households are more downbeat about the economy than at any point in more than a decade, as higher fuel costs, rising borrowing rates and...
Rupee Slips Past 96 Per Dollar to Two-Month Low as Brent Crude Nears $107
The Indian rupee slid past the psychologically important 96-per-dollar mark on Tuesday. It touched its weakest level in about two months as another jump in...
Gold Slides to Seven-Week Low as Treasury Yields Reach Highest Level Since 2007
Gold suffered its steepest one-day retreat in weeks on Monday, sliding to a seven-week low as a jump in US government borrowing costs and growing...
Oil Surges as Trump Rejects Iran’s Hormuz Offer, Lifting Bond Yields
Oil prices climbed sharply on Monday after U.S. President Donald Trump rejected a conditional Iranian offer to reopen the Strait of Hormuz, reviving fears that...
US 30-Year Treasury Yield Hits Highest Level Since 2004 as Global Bond Sell-Off Deepens
NEW YORK — Long-term US borrowing costs have climbed to levels not seen in two decades. A global sell-off in government bonds, fuelled by inflation...
Bond Market Turmoil Deepens as 30-Year Treasury Yields Hit Highest Level Since 2004
Global Bond Markets Under Renewed Pressure A fresh wave of turbulence has swept through global bond markets this week, sending long-term borrowing costs to territory...
US 10-Year Treasury Yield Climbs to Highest Level Since 2007 as Fed Signals More Rate Hikes
The yield on the benchmark 10-year US Treasury note climbed to about 5.1% on Wednesday. That is a level not seen since July 2007, and...