Pricey Junk Bonds Are Seeing a Sudden Vibe Shift: Credit Weekly
Bullish bets on high-yield corporate bonds are starting to unravel as interest rates look set to stay higher for longer.
2023-06-25 05:24
Polish President Duda Says De-Escalation Under Way in Russia
The situation in Russia appears to be de-escalating, which bodes well for Poland’s security, President Andrzej Duda said.
2023-06-25 04:59
Powell Wins Over Bond Traders Dialing Back Bets on Deep Downturn
The bond market is finally getting in sync with Jerome Powell’s outlook for the economy. Traders have scrapped
2023-06-25 04:25
Prigozhin Turns His Forces Back from Moscow, Avoids Showdown
Wagner mercenary leader Yevgeny Prigozhin dramatically halted his advance toward Moscow and ordered his fighters to return to
2023-06-25 02:53
Greeks Vote With Markets Hoping for a New Stable Government
Greeks head to the polls on Sunday for the second time in just over a month to decide
2023-06-25 00:53
Zambia to Pay 1% Interest After ‘Mission Impossible’ Debt Deal
Zambia will pay interest rates of as low as 1% until 2037 as part of its debt restructuring
2023-06-24 23:16
Meloni Says Italian Vote on ESM Reform Would Be Mistake For Now
Prime Minister Giorgia Meloni said she opposes having Italian lawmakers take up a revision of the euro area’s
2023-06-24 22:51
Homebuilding Set to Boost US Economy After Two-Year Contraction
After eight straight quarters of contraction, it looks like the slide in US residential investment may be finished.
2023-06-24 21:48
UK Pension Reform May Drive Billions to Riskier Assets, FT Says
Highly-anticipated reforms of UK pensions could channel billions of pounds into fast-growing companies and boost investments in riskier
2023-06-24 21:30
Wagner Chief Directly Challenges Putin as Russia Crisis Spirals
Wagner leader Yevgeny Prigozhin said his forces won’t surrender after Russian President Vladimir Putin denounced their military rebellion
2023-06-24 21:28
Nurses Have Had Enough, Threatening Big Gaps in US Health Care
A large swath of American nurses want out of the profession, raising the threat of a mass exodus
2023-06-24 21:22
Pakistan to Raise Taxes in Final Attempt to Secure IMF Loan
Pakistan will make changes to its budget for the next fiscal year to appease the International Monetary Fund’s
2023-06-24 21:17