An unrelenting selloff in world government bonds drove U.S. 30-year Treasury yields to 5% for the first time since 2007.
Read More World’s biggest bond markets hit by relentless sellingTag: Federal Reserve
Nasdaq rises on boost from growth stocks; Fed comments in focus
The Nasdaq rose on Monday, boosted by gains in growth stocks as investors awaited commentary from more Federal Reserve officials and economic data this week.
Read More Nasdaq rises on boost from growth stocks; Fed comments in focusOil prices fall 2% to 3-week low on strong US dollar, profit taking
Oil prices fell about 2% on Monday to a three-week low as a higher-priced Brent contract expired, the U.S. dollar strengthened and traders took profits.
Read More Oil prices fall 2% to 3-week low on strong US dollar, profit takingReagan Economist Dr. Laffer Sounds Alarm Bells On Long-Term U.S. Economic Health
U.S. Treasury Secretary Janet Yellen says she is very confident that the economy can achieve a soft landing amidst worries of a possible recession. But Reagan economist Dr. Arthur Laffer says that she is missing the point entirely.
Read More Reagan Economist Dr. Laffer Sounds Alarm Bells On Long-Term U.S. Economic HealthFederal Reserve Hikes Interest Rates To 22-Year High
The Federal Reserve raised interest rates to a 22-year high on Wednesday, following a brief break in rises during the central bank’s attempts to keep unprecedented inflation under control.
Read More Federal Reserve Hikes Interest Rates To 22-Year HighFederal Reserve Raises Interest Rates Again, Highest in 22 Years – Expert Analysis Follows
The Federal Reserve resumed its aggressive rate hikes to tackle inflation, raising the interest rate by a quarter-point today.
Read More Federal Reserve Raises Interest Rates Again, Highest in 22 Years – Expert Analysis Follows