Explore stories from Atlantic Canada.
Remembering Harley: Graveside memorial service honours homeless Hantsport man’s life | SaltWireNEW YORK - Several of Wall Street's biggest names are calling a top on longer-dated Treasury yields, after yields on the benchmark 10-year note briefly rose above 5% earlier this week to hit their highest level since 2007.
Others forecasting a peak in yields include billionaire investor Bill Ackman, who posted on Monday that his hedge fund, Pershing Square Capital Management, had covered its bet against 30-year Treasuries. Vanguard, the world's second-largest asset manager, also said that it is bullish on long-term Treasuries after a “cruel summer” for bond investors.
Higher rates “will exert downward pressure on growth and inflation over our six to 12-month tactical horizon,” the UBS strategists wrote. “Lower growth and inflation in turn should allow yields to fall.”
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Some big Wall Street investors call top in Treasury yields after 5% hitSeveral of Wall Street's biggest names are calling a top on longer-dated Treasury yields, after yields on the benchmark 10-year note briefly rose above 5...
Lire la suite »
Why Bay Street and Wall Street financial giants are slashing jobsMore layoffs to come as banks deal with challenging economic environment
Lire la suite »
Wall Street analysts on impact of rising yields on stocksSeveral Wall Street analysts, including Morgan Stanley's Mike Wilson and RBC Capital Markets' Lori Calvasina, published notes illustrating stock market risks...
Lire la suite »
Stock market today: Wall Street drifts lower as pressure rises from the bond marketNEW YORK (AP) — Wall Street is drifting lower in early trading as pressure from the bond market continues to build. The S&P 500 was down 0.5% early Monday. The Dow lost 171 points, and the Nasdaq composite was off 0.6%.
Lire la suite »
Microsoft Q1 earnings preview: Wall Street looks for signs of AI-powered growthMicrosoft will report its Q1 earnings after the bell on Thursday, as investors look for signs that its AI investments are paying off.
Lire la suite »
Spotify earnings preview: Wall Street focused on improving margins amid profitability pushSpotify will report earnings before the bell on Tuesday. Here's what to expect.
Lire la suite »