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Breaking News: Economy

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Treasury retreat eases, traders eye highest 30-year yield since 1999

Sagar3 months ago03 mins

Yields on U.S. Treasurys were slightly lower early Tuesday, easing losses in the previous session as traders weigh up central banks’ response to renewed inflation fears. The 10-year U.S. Treasury note yield — the key benchmark for U.S. government borrowing — was more than 1 basis points lower on Tuesday morning, at 4.6073%. The longer-dated 30-year Treasury…

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  • Business

Putin heads to Beijing days after Trump in test of China’s direction

Sagar3 months ago04 mins

TOPSHOT – Chinese President Xi Jinping (R) shows the way to Russian President Vladimir Putin after the photo session of the Shanghai Cooperation Organization (SCO) Summit 2025 at the Meijiang Convention and Exhibition Centre in Tianjin on September 1, 2025. Suo Takekuma | Afp | Getty Images Russian President Vladimir Putin is set to arrive…

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  • Business

Trump turns to midterms, affordability after China as Iran continues

Sagar3 months ago04 mins

US President Donald Trump (R) gestures as he poses for photos with China’s President Xi Jinping during a visit to Zhongnanhai Garden in Beijing on May 15, 2026. Evan Vucci | Afp | Getty Images President Donald Trump has returned stateside and so has his administration’s focus, even as the Iran war and the aftermath…

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  • Business

Treasury yields rise as inflation fears drive global bond rout

Sagar3 months ago03 mins

U.S. Treasury yields continued their ascent on Monday as global bond markets sold off and G7 finance ministers met in Paris. The 10-year U.S. Treasury note yield — the key benchmark for U.S. government borrowing — was 1 basis point higher in the early hours, at 4.601%, its highest level in 15 months. The longer-dated 30-year Treasury…

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  • Business

Kevin Warsh comes into the Fed facing a big ‘family fight’ over cutting interest rates

Sagar3 months ago06 mins

Kevin Warsh, nominee for US Federal Reserve Chair, testifies during a Senate Banking Committee hearing on his nomination on Capitol Hill in Washington, DC, on April 21, 2026. Mandel Ngan | Afp | Getty Images If new Federal Reserve Chair Kevin Warsh is still itching for a “good family fight” over monetary policy, he is…

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  • Business

‘Biggest bottleneck in the AI buildup’ fuels DRAM ETF to record

Sagar3 months ago03 mins

The Roundhill Memory ETF (DRAM) just hit $9.8 billion in assets under management in 43 days— the fastest pace ever for an exchange-traded fund, according to TMX VettaFi. Ahead of Thursday’s milestone, the CEO of Roundhill Investments told CNBC’s “ETF Edge” the rapid growth is tied to the limited number of companies involved in producing…

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Traders now see next Fed interest rate move as a hike following inflation surge

Sagar3 months ago02 mins

Construction on the Marriner S. Eccles Federal Reserve building in Washington, DC, US, on Monday, Dec. 15, 2025. Al Drago | Bloomberg | Getty Images Markets for the first time in the current cycle now think the Federal Reserve‘s next move will be an interest rate hike. Following a week of surprisingly high inflation readings,…

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  • Business

Stephen Miran exits the Fed. How he set the stage for Kevin Warsh.

Sagar3 months ago07 mins

Federal Reserve Governor Stephen Miran speaks with CNBC during the Invest i America Forum on Oct. 15, 2025. CNBC Federal Reserve Governor Stephen Miran entered with big ideas about how the central bank should change— radically so, in some cases. As he prepares to step down in the coming days from what will have been…

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  • Business

Inflation rate projected to hit 6% in the second quarter, top economic forecasters say

Sagar3 months ago03 mins

Cuts of beef are displayed at Handy Market on May 14, 2026 in Burbank, California. Justin Sullivan | Getty Images The recent surge in inflation is likely to get worse over the next several months, according to a survey Friday from the nation’s top economists. Consumer price inflation is projected to hit 6% for the…

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Treasury yields surge as inflation data points to tricky rates path

Sagar3 months ago03 mins

Traders work on the floor at the New York Stock Exchange, April 23, 2026. Jeenah Moon | Reuters U.S. Treasury yields spiked on Friday following a week of messy inflation data and as traders looked to price interest rate policy under new Federal Reserve Chair Kevin Warsh. The yield on the 30-year bond jumped more…

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  • What’s behind India’s rush to sell shares in state-owned firms
  • Jim Cramer says investors should consider buying SpaceX for their kids
  • ‘Spider-Man’ joins list of 2026 billion-dollar movies
  • E.l.f. Beauty (ELF) Q1 2027 earnings
  • Online marketplace cutting 12% of staff

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