Rate Cut Bets Build in Bond Markets From Australia to Sweden
(Bloomberg) — A growing chorus of investors is buying bonds from certain developed nations where they believe interest rates will be cut sooner and faster...
Top Credit Investors Again Bet on Peak in Rates and US Recession
(Bloomberg) — Some of the biggest buyers in credit markets are calling the Federal Reserve’s bluff. Most Read from Bloomberg T. Rowe Price Group Inc.,...
FedEx’s Profit Outlook Falls Short as Job Cuts Reach 29,000
(Bloomberg) — FedEx Corp. said it cut 29,000 US jobs over the past year and issued a 2024 profit outlook that missed Wall Street’s expectations...
The stock rally is facing a bearish cocktail as falling inflation eats into profits and liquidity comes out of the market, Morgan Stanley says
Reuters The rally in stocks will be challenged by a bearish cocktail, Morgan Stanley warned. That’s because slowing inflation could hurt corporate profits, taking stock...
Stock market today: Asian shares sink as central banks crank interest rates still higher
BANGKOK (AP) — Asian shares sank sharply Friday after several central banks around the world cranked interest rates higher in their fight against inflation. Hong...
Investors keep bets on U.S. rates soon topping out, despite Powell’s hawkishness
By Davide Barbuscia NEW YORK (Reuters) -A hawkish tilt from Federal Reserve Chair Jerome Powell hasn’t been enough to convince some investors that the central...
Powell Defies Critics and Makes Case for Why Rates Must Rise
(Bloomberg) — Jerome Powell would like to make one thing clear: the Federal Reserve is not done hiking interest rates. Most Read from Bloomberg Seeking...
US Curve Inversion Deepens to One Percentage Point After Powell
(Bloomberg) — Bond investors’ concern over a potential US recession deepened after Federal Reserve Chair Jerome Powell signaled policymakers may keep pushing interest rates higher....
Global markets slide as recession fears grip investors
Hong Kong/London CNN — Stock markets in Europe and Asia fell Friday as investors became increasingly worried that more interest rate hikes by central banks...
Stocks sink as Nasdaq, S&P 500 snap lengthy win streaks: Stock market news today
Stocks fell on Friday, with all major averages ending the week lower as investors come to terms with the prospect of more interest-rate hikes ahead...