The world’s biggest bond market got hammered after a blowout U.S. jobs report made traders dial back their expectations for U.S. Federal Reserve rate cuts.
Markets today: Treasury yields surge as jobs spark rethink on FedSouth African Leftist EFF Rejects Governing With Pro-Business DARussia Refrains From Rate Hike Even as War Economy OverheatsSurprise Tax Change Upends Trading in Crop Powerhouse BrazilAramco Sale Set to Raise at Least $11.
2 Billion for Saudi ArabiaChile Prices Rise More Than Forecast Before Key Rate DecisionPhoenix to Sizzle in 110F as Heat Continues to Grip Southwest USUltra-Rich Families Fuel $20 Billion Private Equity Buyout WaveChina’s PBOC Halts Gold Purchases After Price Hits RecordLong-Range EVs Now Cost Less Than the Average New Car in the USHedge Funds Andurand and Rokos Took Big Copper Bets Before SpikeVolkswagen Says Power Shortages Hinder South African ExpansionPutin’s Wartime Central Banker Tells...
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