(Bloomberg) -- Treasuries began the week on the back foot after a US government shutdown was averted, eliminating a point of uncertainty for traders and returning their focus to the path ahead for interest rates.Most Read from BloombergOnce Unthinkable Bond Yields Now the New Normal For MarketsCongress Averts US Government Shutdown Hours Before DeadlineMcCarthy to Face Far-Right Attempt to Oust Him as House SpeakerSenate Voting on Bill to Avert US Government ShutdownWhy a US Recession Is Still L
-- Treasuries began the week on the back foot after a US government shutdown was averted, eliminating a point of uncertainty for traders and returning their focus to the path ahead for interest rates.Yields climbed across the curve in Asia trading Monday, with those on 10-year debt rising as much as five basis points to 4.62%. Five-year yields rose by a similar amount to 4.66%, approaching once more a 16-year high.
A look at the swaps market showed traders see just under a one-in-three chance of a rate hike in November, according to data compiled by Bloomberg. ‘Quit saving your money’: Prolific investor Grant Cardone says there's only 1 thing that will bring you true wealth — and it's not your job or being cheap. Here's what it is and how to do itDiscover a world of exciting games, from heart-pumping action to brain-teasing puzzles. Get the latest versions of the top games in 2023.Warren Buffett, one of the most successful investors in the world, has a reputation for his simple yet profound financial wisdom.
How can I get rich in the most efficient way possible? Here is the optimal order for investing your hard-earned money, according to expertsThis undervalued stock checks all the boxes, providing investors with a superb opportunity for long-term growth. The post This Undervalued Stock Is a Top Choice in 2023 appeared first on The Motley Fool Canada.Passive-income stocks like Suncor Energy Inc can pay you large dividends in retirement.
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.
Treasury Yields Climb After US Deal Returns Focus to Rate HikesTreasuries began the week on the back foot after a US government shutdown was averted, eliminating a point of uncertainty for traders and returning their focus to the path ahead for interest rates.
Read more »
Once Unthinkable Bond Yields Are Now the New Normal for MarketsIt was the week that bond markets finally seemed to grasp what central bankers have been warning all year: higher interest rates are here to stay.
Read more »
Once Unthinkable Bond Yields Are Now the New Normal for Markets(Bloomberg) -- It was the week that bond markets finally seemed to grasp what central bankers have been warning all year: higher interest rates are here to stay. Most Read from BloombergEurope’s Richest Royal Family Builds $300 Billion Finance EmpirePakistan Rupee Set to Become Top Performing Currency Globally Murder Claim in Canada Is Only Helping India Leader Modi at HomeWeight-Loss Drugs Estimated to Save Airlines MillionsTop Chinese Scientist Claims India Moon Landing Nowhere Near South Pole
Read more »
U.S. stock market’s powerhouses tested by soaring bond yieldsSome investors say the megacaps could be vulnerable if climbing bond yields keep pressuring stocks
Read more »
Raptors' climb up Eastern Conference standings just got steeperLife in the Eastern Conference had already gotten tougher this summer. It took another jump on Sunday. Jrue Holiday is now a member of ...
Read more »
Raptors' climb up Eastern Conference standings just got steeperLife in the Eastern Conference had already gotten tougher this summer. It took another jump on Sunday.
Read more »