Economy
Here’s how high the 10-year Treasury yield needs to rise before income investors should worry, according to UBS
The 10-year Treasury yield remains around 5.29%, its highest level since 2002. According to UBS analysis, this yield would need to rise by approximately...
Economy
The ‘golden passport’: Argentina to offer citizenship for foreigners that make a $350,000 contribution to its treasury—or invest $800,000 in its bonds
Argentina announced on Friday a golden passport program allowing wealthy foreigners to obtain citizenship in exchange for a 350,000-dollar contribution to the public Treasury...
Economy
The best industry to change jobs to get paid more money — and the worst
Changing jobs remains one of the most effective ways to get a salary increase amid inflation outpacing wage growth. Different industries offer significantly varying...
Economy
DOJ says it will not reopen criminal probe into former Fed Chair Powell
The U.S. Department of Justice will not reopen its criminal investigation into former Federal Reserve Chair Jerome Powell over the central bank's multibillion-dollar headquarters...
Economy
Why bond investors quickly lost their enthusiasm for weak labor figures
A weaker-than-expected U.S. jobs report briefly restored the safe-haven status of American debt. Bond investors immediately reacted to the poor labor figures, but this...
Economy
France debt crisis: Bond investors have rendered a ‘guilty’ verdict and are pricing in growing odds of a sovereign default, analyst says
Bond markets doubt France's ability to control its rapidly growing debt amid the prospect of a far-right or far-left president. The cost of insurance...
Economy
Trump says Biden overcharged Obamacare customers. Now almost 1 million of them are getting $500 checks—here’s who qualifies
The U.S. Treasury began sending one-time $500 refund payments this week to more than 950,000 Affordable Care Act enrollees in 30 states, according to...
Economy
Bessent said ‘I am the house.’ The bond market disagreed
US Treasury Secretary Scott Bessent warned investors against betting against the Treasury's defense of the long end of the market during a speech at...