Traders Win Reprieve After ‘Political Circus’ of Shutdown Fight
An against-the-odds deal to avert a US shutdown is soothing nerves across Wall Street.
An against-the-odds deal to avert a US shutdown is soothing nerves across Wall Street.
10yr Treasury yield reaching 5% depends whether investors are convinced economy will continue to strengthen and Fed will keep rates high for longer.
Looming government shutdown would reduce SEC staffing to "skeletal" levels hindering its ability to respond to any market turmoil.
On Tuesday evening, the Senate released a deal that is likely the last chance to avert a government shutdown.
A key measure of how much bond investors are compensated for holding long-term debt turned positive for the first time since June 2021.
Government shutdowns usually cause trouble at airports. This time could be worse.
The Fed made it clear this week that it sees interest rates staying higher for longer. That is not good news for beleaguered banks