‘Would be nice to have some help’

The Federal Reserve should cut interest rates to make homes more affordable, Vice President JD Vance said Thursday, adding to the pressure President Donald Trump has placed on the central bank to cut borrowing costs. The remarks came days after Trump’s handpicked Fed chair, Kevin Warsh, hinted at the possibility of doing the opposite: addressing…

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Bond market rout raises long-term inflation fears

A sharp sell-off in global government bonds is exposing investor anxiety that the macroeconomic backdrop may be shifting toward persistently higher inflation, as governments struggle to rein in spending and sovereign debt. Pressure on yields is not just a factor of this year’s rise in government borrowing and higher energy prices. Investors highlight a pivot…

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Strong economy driving Treasury yields

New York Federal Reserve President John Williams said Wednesday that the recent surge in Treasury yields is the product of a strong economy, not market dysfunction. The central bank policymaker added in a CNBC interview that he’s still absorbing economic data, and did not commit on whether he thinks an interest rate hike is necessary….

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Wall Street’s existential crisis over perpetual futures — the 24/7 security on steroids — just got urgent

There’s an old trader saying: “Don’t put on a position that won’t let you sleep at night.” Perpetual futures, known as “perps” in short, are literally designed to do the opposite. Blockchain-enabled, 24/7-traded, never-expiring ‘futures’ – a label now legally contested by the Chicago Mercantile Exchange – are growing so fast overseas that they almost…

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CFTC’s committee meeting addresses prediction market risks

Michael Selig, chair of the Commodity Futures Trading Commission (CFTC), during a Bloomberg Television interview at the Commodity Futures Trading Commission (CFTC) headquarters in Washington, DC, US, on Thursday, Aug. 20, 2026. Daniel Heuer | Bloomberg | Getty Images The Commodity Futures Trading Commission’s first Innovation Advisory Committee meeting convened on Thursday to discuss the…

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