Appetite for longer-dated US bonds has shot up since the Federal Reserve signaled interest-rate hikes are unlikely, laying the groundwork for cuts later this year, according to a Bank of America client survey.
Severe Solar Storm Threatens Power Grids and Navigation SystemsPGA Tour Enterprises Taps Valero’s Joe Gorder as ChairmanZimbabwe Hypes New Gold-Backed Currency in Search for InvestmentBOE Chief Economist Warns on Being ‘Seduced’ by Inflation DataBill Ackman Scolded Over DEI Views at Closed-Door Milken SessionCanada Added 90,000 Jobs in April, Most in 15 MonthsDeer Park Bets on Real Estate, Expecting Fed to Cut Rates in ‘24Trading on Crypto Exchanges Fell for First Time in Seven MonthsECB June...
rate cutsAustralia Seen Posting Back-to-Back Surpluses in Global RarityUK Says Recession Ended With Stronger Than Expected GrowthCopper Above $10,000 as Supply Worries Counter Faltering DemandChinese EV Maker Zeekr Heads for US Listing at Reduced ValuationSouth Africa May Curb Shell’s Oil Exploration Over Gas-Pump ExitThe Daily Chase: Earnings bonanza continuesThe Daily Chase: Apple set to refresh iPads, while Disney numbers show streaming no panaceaYoung Canadians feel poorer in warning sign...
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Junk Bonds Are Trading Like Blue-Chip in Record Share, BofA SaysA record amount of junk bonds are trading at levels typically seen in high-grade debt, as traders see little evidence of economic weakness ahead, according to Bank of America Corp.
Read more »
Intervention Risk Is Rising Going Into BOJ Meeting, BofA Says(Bloomberg) -- A fall in the yen through 155 against the dollar after the Bank of Japan’s meeting this week is looking possible and may trigger intervention, according to Bank of America Corp.
Read more »
US Megacaps to Lead Stock Rally Until Real Rates Bite, Says BofAThe US equity market will continue to rely on a handful of megacap stocks for direction until an uptick in real interest rates ignites recession fears, according to Bank of America Corp. strategists.
Read more »
U.S. stocks are expensive but worth it, says BofA quant strategistDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Read more »
BofA’s Subramanian Says Stocks Can Keep Rising on Solid GrowthBank of America Corp.’s Savita Subramanian says a sturdy economy will sustain the bull-market run in US stocks even without Federal Reserve interest-rate cuts.
Read more »
Soft US Jobs Raise Selloff Risk for Stocks, BofA Strategist Hartnett SaysA weaker jobs report would be a stagflation signal, raising the odds of a selloff in stock markets, according to Bank of America Corp. strategist Michael Hartnett.
Read more »