A group of investors who hold more than $6 billion of bonds issued by ailing Chinese property giant Evergrande said the developer could soon face big trouble that could spill out into the rest of the country’s real estate market. ...
The selloff in Treasuries accelerated, driving yields to new multiyear highs, after an unexpected jump in job openings reinforced speculation that the Federal Reserve isn’t done raising interest rates. The rout sent the 10-year note’s yield up as much as...
Private equity firms have been increasingly adding another layer of debt to their complex borrowing arrangements, raising concern among some investors about potential risks to the wider industry and the financial system. Hit by a drought of deals and dwindling...
Foreign holdings of U.S. Treasuries rose in July, data from the Treasury Department showed on Monday, rising for a second straight month despite an uncertain interest rate outlook muddied by a mixed set of economic figures. Total holdings of U.S....
The US bond market hasn’t flashed recession warnings so consistently for so long in at least six decades. On Wall Street and in Washington, optimism may be building that the Federal Reserve is poised to steer the economy toward a...
For years now, stock traders have been getting so rich betting big companies will get even bigger that they’ve forgotten what a bubble looks like. They’re going to find out thanks to Nvidia Corp. So says Rob Arnott, renowned for...
Gas prices have been climbing again, hitting the highest level since October 2022, according to motor vehicle club AAA. The national average price for a gallon of unleaded gasoline last week reached $3.87, 31 cents higher than last month and...
There's a storm of private and public debt troubles that's headed for the market. Warning signs have sprung up in rising credit card balances, delinquencies, and other indicators. Here are the signs that the US is dealing with troubles stemming...
S&P 500 declines amid calls about near-term pullback US 30-year bond yield rises to highest level since November The rally that drove the stock market up almost 30% from its October lows took a little break at the start of...
Investors are fascinated with meme stocks again as they hunt through lower-quality names searching for returns. And in the process they’re raising a “red flag” for the S&P 500 Index. When some of the most heavily-shorted stocks in the market...
Home affordability took another hit this week as mortgage rates neared 7%, forcing many buyers to stick to the sidelines. The rate on the 30-year fixed mortgage increased to 6.81% from 6.71% the week prior, according to Freddie Mac, the...
Consumer prices rose at the slowest pace since April 2021 as inflation showed further signs of cooling in May, according to the latest data from the Bureau of Labor Statistics released Tuesday morning. The Consumer Price Index (CPI) revealed headline...
The latest warning to Congress came before another meeting on Tuesday between President Biden and Speaker Kevin McCarthy to resolve the debt ceiling crisis. Treasury Secretary Janet L. Yellen reiterated on Monday that the United States could run out of...
Debt-ceiling negotiators appear to be making progress on two wonky topics that could be crucial to a final deal even as the House Speaker said the two sides are still far apart. The glimmers of possible compromise in the weeks...
The Federal Reserve raised interest rates for the 10th consecutive time on Wednesday, as expected, but suggested it may pause its aggressive fight against inflation. Even so, any halt may not feel like much relief to consumers who’ve suffered through...
