macro
Purpose Brookfield (BN) Yield Shares ETF declares CAD 0.08 dividend
Berkshire Hathaway (BRKY) Yield Shares Purpose ETF declares CAD 0.17 dividend
It’s a familiar sight across Mexico’s urban landscape: cities every time more congested, with inadequate public transportation and tortuous journeys from one end to the other. Traffic is a problem across Latin America and beyond, but Mexico City has more than earned its rank by some measures as the
Total US public debt stood at $40.05 trillion as of the close of business Tuesday, a Treasury Department release on Wednesday showed, surging by a third in less than five years. Tyler Kendall reports on Bloomberg Television. (Source: Bloomberg)
Federal Reserve Board announces approval of the application by FS Bancorp, Inc.
Treasury Secretary Scott Bessent’s bold intervention to stem a potentially damaging rise in US borrowing costs has some investors saying the dollar will ultimately pay the price.
The global bond rally triggered by US Treasury Secretary Scott Bessent’s plan to increase buybacks of longer-dated debt may prove short lived, with analysts citing persistent fiscal woes and sticky inflation globally.
Peter Tchir, head of macro strategy at Academy Securities, calls the US Treasury Department’s move to increase its planned purchases of outstanding 10-year to 30-year debt “kind of mediocre” and says the Federal Reserve needs to talk about cutting rates and take hikes off the table. (Source: Bloombe
The U.S. Treasury has doubled its planned buybacks of longer-dated government debt to at least $4 billion per operation, easing pressure on long-term bond yields but raising questions over its growing influence on financial conditions and the Federal Reserve’s monetary policy strategy.
Gold is the reciprocal of the dollar and consensus among strategists is that Bessent’s yield curve control will have a detrimental impact on the U.S. currency