Extreme Bond Market Shorts Gamble on a Hawkish Powell Pivot bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Bond traders who’ve been stung by the market’s recent rout are turning more and more bearish ahead of what many expect will be a hawkish tilt by the Federal Reserve.Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketNYC Police Break Up Columbia Protest and Clashes Erupt at UCLAAmazon Posts Strongest Cloud Sales Growth in a Year on AI DemandPot Stocks Surge on Report DEA Set to Reclassify MarijuanaBinance Founder Changpeng Zhao Gets Four Months in Pris
(Bloomberg) — Stocks rallied as earnings optimism offset concern about higher-for-longer interest rates. The yen rebounded after dropping to its lowest in 34 years. Europe’s Stoxx 600 rose 0.4%, with shares of Royal Philips NV surging 37% after reaching a smaller-than-expected compensation settlement in the US. Contracts for the S&P 500 climbed 0.2% as shares…
(Bloomberg) Currency traders warned Japan’s government that it will need to repeatedly act to buoy the beleaguered yen given economic forces likely merit further depreciation.Most Read from BloombergTesla Soars on Tentative China Approval for Driving SystemStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterYen Sparks Intervention Suspicion After U-Turn From 1990 LowsWhat 60,000 Headlines Say About the Fed’s Next MoveUS Warns ICC Action on Israel Would Hurt Cease-Fire ChancesThe y
Yen Traders See Uphill Battle for Japan to Halt Currency s Slide bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.