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Margaret Steinbach, fixed income asset class lead at Capital Group, joins Scarlet Fu on "Bloomberg Deals." They discuss the gap between spreads between CCC and single B bonds in the high yield market. (Source: Bloomberg)
The federal government’s clampdown on the sale of Chinese drones in the US is nearly complete after a flurry of regulatory activity since December. Some of these popular drones are banned outright, and others face 100% tariffs.
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If ever there were a stock that captured the hopes and fear of the AI trade, it's Oracle.
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Stocks tumble as oil tops $100.
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Theravance facing several lawsuits seeking to block Zymeworks acquisition
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The US is paying a higher cost to induce more price-sensitive investors to buy Treasuries
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ECB hikes rates as Iran war adds to inflation angst Reuters
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US 30-year borrowing costs hit highs as falling Saudi oil production gives fresh impetus to rally in crude prices
The firm also wants to target individual, self-directed traders
When the White House announced its deal to take control of a huge swath of Venezuela’s oil, there was no false modesty. The agreement will more than double US reserves, according to the administration’s fact sheet, and “secures our energy dominance for the next century — all at zero cost to the Unit