Bloomberg Markets
Egypt held interest rates for a fourth meeting in a row, choosing caution after inflation quickened and prospects dimmed for an imminent end to the Iran war.
Bloomberg Markets
US bonds unwound all of the gains that followed Treasury Secretary Scott Bessent’s plan to increase buybacks of longer-dated debt. The moves pushed the 30-year yield on Thursday back to levels seen just before the Treasury’s announcement a day prior. Ira Jersey of Bloomberg Intelligence has more. (Source: Bloomberg)
Yahoo Finance
Yahoo Finance
Bloomberg Markets
US bonds unwound all of the gains that followed Treasury Secretary Scott Bessent’s plan to increase buybacks of longer-dated debt, a sign that investors see it as only a short-lived remedy to curb borrowing costs.
Jonathan Levin, Bloomberg Opinion Columnist, reacts to the treasury market moves. (Source: Bloomberg)
Bloomberg Markets
Vylor Inc. is offering investment-grade bonds that will help finance a payout to parent Corteva Inc. as a spinoff of the seed company nears.
Yahoo Finance
Yahoo Finance
Yahoo Finance
MarketWatch
The rise in bond yields renders markets more vulnerable to bad news, observes the “permabear” Albert Edwards of Société Générale.