Canadian dollar surges as Bank of Canada trims bond buys
The Canadian dollar strengthened sharply versus its U.S. counterpart Wednesday after the Bank of Canada said it would trim its…
10-year Treasury yield posts largest weekly decline in about 10 months
The 10-year Treasury note faced some selling pressure on Friday but that didn’t stop long-dated U.S. government debt from logging…
Bank of America tops charts with $15 billion bond deal, the biggest ever from a bank
Bank of America Corp. on Friday borrowed $15 billion in the corporate bond market, smashing the record set a day…
Get ready for stock buybacks to roar back
U.S. corporations ranging from financial powerhouses to technology titans also have been stockpiling cash as a ballast against the COVID-19…
Gold prices rise, head for best weekly gain in a month
Gold futures headed higher Friday morning for a second straight day, putting bullion on track for the sharpest weekly rise…
10-year Treasury yield slips to around three-week low despite U.S. March inflation surge
Treasury yields slipped Tuesday after bond investors looked past an increase in U.S. consumer prices in March that sent yearly…
European stocks hold steady at record levels, but yields creep higher
European stocks traded flat on Friday, but held near record levels as investors absorbed the latest comments from Federal Reserve…
Opinion: How deficit spending could hand Congress to the Republicans
President Joe Biden’s $1.9 trillion American Recovery Act scored 75% public approval, and it is full of goodies for reliable…
10-year Treasury yield slips below 1.70% as bond market finds footing
U.S. Treasury yields slipped early Tuesday as the bond-market settles following good economic data from the services sector and the…
U.S. corporate bonds book second-worst quarterly loss in history. Why it isn’t all bad
It has been a weird and wild past three months in financial markets, culminating in the worst quarterly loss for…