Car Buyers Are Taking Out 17%
It’s expensive to be poor, especially if you’re a victim of America’s capricious, inscrutable credit rating system. But, in most places, you still need a car and that has forced …
Interest Rates
Getting to 2% inflation won’t be easy. This is what has to happen
A construction in a multifamily and single family residential housing complex is shown in the Rancho Penasquitos neighborhood, in San Diego, California, September 19, 2023. Mike Blake | Reuters In …
Consumers buckling for first time in decade: Former Walmart U.S. CEO
The draw of bargains may be fading. As three of the nation’s biggest retailers kick off a key sales week, former Walmart U.S. CEO Bill Simon warns consumers are starting …
Central Banks Are Waging War On Renewables
In recent years, central bankers globally added climate change to their mandate. Or at least to their talking points. A 2021 survey revealed that 63% of central bankers believe climate …
10-year yield jumps back near 16-year high after jobs report
U.S. Treasury yields rose Friday, with the 10-year nearing a 16-year high after the latest jobs data came in stronger than economists anticipated. The yield on the 10-year Treasury was …
10-year Treasury yield falls slightly ahead of Friday’s jobs report
Long-duration Treasury yields rose again on Thursday as investors awaited a key jobs report to gauge the path of monetary policy. The yield on the 10-year Treasury slipped 2 basis …
investors assess interest rate, economic outlook
Traders watch prices in the Ten-Year Treasury Note options pit at the CME Group. Getty Images U.S. Treasury yields were little changed Wednesday, with the 10-year Treasury yield trading around …
Something is breaking in financial markets: What’s behind the sell-off
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, September 28, 2023. Brendan McDermid | Reuters That cracking sound in financial markets isn’t …
U.S. Treasury yields: investors weigh economic outlook
The 10-year Treasury yield, which serves as a benchmark for mortgage rates and as an investor confidence barometer, on Tuesday surged to its highest level since 2007. As of 8 …
RBA rates decision October: Reserve Bank of Australia hands down interest rates decision after board meeting
The Reserve Bank of Australia has held interest rates steady for a fourth consecutive month. But a hike before the end of the year remains possible, according to one of …