macro
The US Supreme Court did it again. In an unsigned ruling from its emergency docket, the Court gave the Trump administration another tool it can use to raise doubts about the integrity of the November elections.
Wall Street spent another week watching yields hit multi-decade highs, oil hold above $100 and the case for tighter Federal Reserve policy harden. Once again, risk assets refused to break.
automated-news
Former world number one insists TikTokers, YouTubers and Instagrammers are needed despite US Open complaints from players
Wall Street spent another week watching yields hit multi-decade highs, oil hold above $100 and the case for tighter Federal Reserve policy harden. Once again, risk assets refused to break.
Wall Street spent another week watching yields hit multi-decade highs, oil hold above $100 and the case for tighter Federal Reserve policy harden. Once again, risk assets refused to break.
Prospect Capital Corp. is discussing a yield of about 8% on its first junk-bond offering since 2021, underscoring the rising costs of funding for private-credit funds.
automated-news
Investors ‘don’t want to hold risk going into the weekend’, said one investor, as market heads for worst week since 2024
Subadra Rajappa, head of research at Societe Generale Americas, expects “a lot more volatility in the very long end” of the yield curve and questions whether the Federal Reserve can deliver on the rate hike expectations of markets. She speaks on “Bloomberg Surveillance.” (Source: Bloomberg)
The Italian government will meet its oil refining industry next month to discuss a boost in production as concern grows that surging prices for diesel and other fuels could stoke inflation.
Treasury yields are surging past 5%, threatening to push up borrowing costs on everything from mortgages and car loans to credit cards. Ruth Carson explains why the impact is being felt far beyond Wall Street and the US. (Source: Bloomberg)