US Inflation Report Lands as Traders Bet the Fed Will Pause Before Raising Rates Again
Wall Street has spent the past two weeks watching two numbers: the yield on the 10-year Treasury note and the price of crude oil. On...
Tag : Federal Reserve
US Inflation Report Looms as Oil Shock Tests the Fed’s Next Rate Move
The US Labor Department is due to publish its September consumer price index at 8:30 am Eastern on Wednesday, 14 October, and few releases this...
Wall Street’s Biggest Banks Open Earnings Season as Rising Rates and Weaker Dealmaking Test Profits
Wall Street’s biggest banks begin reporting third-quarter results today, giving investors their first broad look at how lenders have fared through a period of rising...
Oil Above $100 and Bond Yields Near Multi-Decade Highs Leave the Fed Little Room to Ease
Oil has climbed back above $100 a barrel, and government bond yields are hovering close to their highest levels in more than two decades. The...
US Treasury Yields Climb to Their Highest Levels in More Than Two Decades as Fed Minutes Loom
The cost of lending to the US government rose to its highest level in more than two decades on Monday, as the benchmark 10-year Treasury...
Global Bond Yields Climb to Multi-Decade Highs as France Becomes the Market’s New Worry
Government bond markets are delivering the starkest warning in global finance this week. Borrowing costs in the United States, Britain and the euro area sit...
Oil Holds Near $100 a Barrel as Stalled US-Iran Talks Deliver Biggest Monthly Gain Since July
Oil prices are back at around $100 a barrel after their sharpest monthly rise since July, as stalled diplomacy between Washington and Tehran and tightening...
US Treasury Yields Hit Highest Level Since 2002, Pushing Mortgage Rates Above 7.5%
Government bond yields in the United States have climbed to their highest levels in more than two decades, a surge that is already feeding into...
Wall Street Edges Lower as Treasury Yields Near 2007 High and Rate-Hike Bets Firm
Wall Street ended a subdued session slightly lower on Tuesday as another climb in long-term Treasury yields offset the support of technology heavyweights, leaving investors...
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...