When yields rise, it suggests a selloff, and it also means likely higher costs of borrowing for companies as well as the government.
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Jamie Dimon warned inflation is likely going up and Larry Fink said the economy might already be in recession.
Combined, Rocket and Mr. Cooper will service a $2.1 trillion loan book across 10 million clients, accounting for one in six US mortgages.
As Kenny Rogers sang, gamblers have to know when to hold them. When it comes to interest rates, so, too, do central banks.
Even with a booming economy in the past two years, US companies are missing loan payments at the highest rate in almost eight years,
It should be said that the top line news from Thursday’s report was, as Larry David would say, “pretty, pretty good.”
The prices that were supposed to be going down “starting on Day One,” as the White House promised, are going up instead.
If the dollar keeps climbing, as it did last week, it could pose a problem for the stock market and the broader economy.
When the Federal Reserve meets again next week, it’s all but certain to hold interest rates steady. What happens after that? Well…
The investment company says advisors and investors should break from the traditional strategy and take on more defensive positions this year.
England had a rude awakening this week, as the United Kingdom was transported back in time to one of the most tumultuous years in its history.
On Tuesday, the overall yield on the US 10-Year Treasury Bond touched its highest intraday point, 4.699%, since last spring.
As the New Year rolls in, Wall Street is preparing for a slew of listing announcements from private equity-backed firms.
The Fed’s September rate cut turbo-charged the stock market, but can the market keep up its bull run for 2025?
Inflation is definitely looking like a “two-handle” problem. That’s investor-speak for a rate below 3% but above the Fed’s 2% target.
Sales of used homes in the US rose in October. But it may have been a flash sale, because mortgage rates are already climbing again.