Bond Traders Lean Into ‘Sweet Spot’ Amid Doubts on Fed Path
At BlackRock Inc., PGIM and other Wall Street firms, bond-fund managers are sticking to trades that will likely pay off.
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Trump Predicts Government Could ‘Very Well’ Shut Down Oct. 1
Trump predicted that a US government shutdown is likely, citing a stalemate between his party and Democrats.
The Market's Reaction To The Feds Interest Rate Cut Was Far From Enthusiastic
The Feds latest move to cut interest rates by 25 basis points was widely anticipated, but the market’s reaction was far from enthusiastic.
SEC Approves Standards That Could Lead To A Flurry Of New Crypto ETFs
The Securities and Exchange Commission has paved the way for a flurry of new crypto-related exchange-traded funds.
Summers Says Fed Policy ‘On the Loose Side,’ Inflation Top Issue
Former Treasury Secretary Lawrence Summers said Federal Reserve policy is leaning toward being too slack.
Jerome Powell Acknowledges AI Is Reshaping The Labor Market
Fed Chair Jerome Powell has joined the growing list of influential voices acknowledging that AI is no longer just a hypothetical labor disruptor.
DoubleLine Capital's CEO Gundlach Says 25 BPS Rate Cut By Fed Is The Right Move
DoubleLine Capital's CEO Jeffrey Gundlach said in a CNBC interview on Wednesday that the 25-basis-point rate cut is the right move.
