How investors can prepare for lower interest rates: It’s ‘like getting a haircut,’ advisor says
Federal Reserve chair Jerome Powell on Friday gave the clearest indication yet that the central bank is likely to start…
China’s central bank says risks from local government debt have dropped
BEIJING — China’s financial risks have dropped, including from local government debt, People’s Bank of China Governor Pan Gongsheng said…
Credit Suisse bondholders sue Switzerland in the U.S. over $17 billion writedown of AT1 debt
A group of Credit Suisse bondholders filed a lawsuit against the Swiss government, seeking full compensation over the contentious decision…
Judge orders Trump company to tell financial watchdog about efforts to get appeal bonds
A judge ordered Donald Trump’s company Thursday to inform a court-appointed financial watchdog about any efforts to obtain an appeal…
Don’t trust Trump’s ‘impossible’ appeal bond claims, attorney general tells judges
Donald Trump should have pledged real estate he owns as collateral against a $464 million business fraud judgment if he were “truly…
Trump’s best option to get $540 million for legal judgments could be ‘clean’ property with private lenders
Donald Trump is racing to stave off a pair of civil penalties totaling nearly $540 million, without having to first…
Market forecaster Jim Bianco sees the 10-year Treasury yield surging to 5.5% – a multi-decade high
It’s a level not seen since George W. Bush was president. Wall Street forecaster Jim Bianco is predicting the benchmark…
The Fed is expected to cut interest rates in 2024. Here’s how investors can prepare
With U.S. Federal Reserve officials expecting to cut interest rates in 2024, there are steps investors can take now to…
Fed sparking irrational market optimism over potential rate cuts, former FDIC Chair Sheila Bair warns
Market optimism over the potential for interest rate cuts next year is dangerously overdone, according to former FDIC Chair Sheila…
‘Bonds are back’ as markets enter a ‘new paradigm,’ says HSBC Asset Management
LONDON — Markets have entered a “new paradigm” as the global order fragments, while heightened recession risk means that “bonds…
