PIMCO’s Ivascyn Says Treasury Yields May Not Have Peaked as Fed Could Hike Again
PIMCO chief investment officer Dan Ivascyn says US Treasury yields may have further room to rise. He expects the Federal…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Airlines cancel Saudi flights after Riyadh airport attacks as warnings stayed silent
Airlines are cancelling flights to Saudi Arabia after deadly attacks on Riyadh airport by Yemen's Iran-aligned Houthis. Reuters reports that…
Fitch: Bond yield surge worsens debt outlook for developed economies
Fitch said rising government bond yields are making it much harder for major developed economies to stabilise debt burdens. Benchmark…
US existing home sales rise 1.5% in September to 3.99 million as mortgage rates weigh on buyers
US existing home sales rose 1.5% in September to a seasonally adjusted annual rate of 3.99 million, beating the 3.95…
Italy’s bond spread to Germany widens as French debt pressures persist
Italy's 10-year spread over German bunds widened on Tuesday, moving with French bonds as pressure on European debt continued. Bank…
