U.S. Treasury yields ticked lower on Thursday as investors digested new labor market data. The 2-year yield fell more than 2 basis points to 3.848%, while the 10-year Treasury yield dropped by more than 3 basis points to 4.328%. The 30-year long bond yield pulled back more than 4 basis points to 4.843%. One basis point equals 0.01%….
The upscale shopping district of Ginza in Tokyo, Japan, on Saturday, May 4, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets mostly climbed Friday as investors assess a slew of economic data from the region. Japan’s benchmark Nikkei 225 rose 0.48% at the open and the Topix climbed 0.5%. South Korea’s Kospi rose 0.36% while…
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, US, on Thursday, May 21, 2025. Michael Nagle | Bloomberg | Getty Images Stocks ticked higher on Thursday, as investors tried to shake off fears of rising rates and worries about a ballooning U.S. deficit. The 30-year Treasury yield…
The Marriner S. Eccles Federal Reserve building in Washington, D.C. Stefani Reynolds | Bloomberg Creative Photos | Getty Images A sell-off in global bonds is accelerating as Moody’s downgrade of U.S. credit rating and President Donald Trump’s tax bill has brought to fore investors’ fiscal concerns globally. Events such as credit rating downgrades or budgets…
Emerging markets said to see the next bull run as the ‘sell U.S.’ narrative gains ground Emerging markets stocks are in the spotlight again as the “sell U.S.” narrative gains fresh momentum, following Moody’s recent downgrade of the U.S. credit rating. The Bank of America heralded emerging markets as “the next bull market” recently. “Weaker…
Traders work on the floor of the New York Stock Exchange in New York, May 19, 2025. Spencer Platt | Getty Images News | Getty Images The U.S. debt-and-deficit situation is bad and facing real prospects of getting worse, triggering a high-profile credit rating downgrade from Moody’s and another selling stampede in stocks and bonds….
