Market News

Treasury Secretary Scott Bessent dismissed any concerns with regard to Thursday’s smaller-than-expected debt buyback operation, and played down concerns about a jump in yields.

The UK needs as much as £70 billion ($94.5 billion) of investment in its power grid by early next decade, with delays to upgrading aging infrastructure threatening to add billions of pounds to customer bills.

Peru left borrowing costs unchanged for a 12th straight month as policymakers bet that the recent inflation spike will prove temporary.

US average diesel price passes $6 a gallon for the first time, GasBuddy says Reuters

SoftBank Group’s recent rally exposes risks for investors with short positions that have risen to a one-year high.

Bond bears are pushing benchmark Treasury yields toward the closely-watched 5% level ahead of US inflation data that stands to determine expectations for a Federal Reserve interest-rate hike next week.

China has temporarily suspended construction of new projects to manufacture power and energy-storage batteries, pending a year-end review of industry capacity, Caixin reported.

What Washington can do to stop starvation.

Philip R. Lane: Diversity at the European Central Bank

Federal Reserve Board announces termination of enforcement actions with United Texas Bank, Quontic Bank Acquisition Corp., and Quontic Bank Holdings Corp.