Round numbers should not matter in financial markets, but they do. How many people pay attention to where 11-year Treasury bonds are trading? So seeing yields on America’s 30-year government debt stuck above 5% since May 21st has given investors the shivers. The latest jump came shortly before the House of Representatives passed President Donald Trump’s “big, beautiful”—and deficit-widening—budget bill by one vote on May 22nd.
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 1,163.74 points or 2.33% to...
When Copernicus presented his heliocentric model, in which the Earth was not the centre of the universe, there was a...
A sign at a NYS Department Of Labor job fair at the Downtown Central Library in Buffalo, New York, US,...
BEIJING, CHINA - DECEMBER 3: French President Emmanuel Macron (R) and Chinese President Xi Jinping walk during a state visit...
It’s a weekend in Pittsburgh and lots of people here and elsewhere around the country are waiting for a money-losing...
Modular housing is gaining prominence as a proposed way to increase the housing supply. This is an approach where the...
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