Treasuries Extend Post-Fed Rally With All Eyes on Jobs Data
Treasuries rose ahead of a barrage of US data that may support bets the Federal Reserve will still cut interest rates this year, despite signs the downtrend in inflation has stalled.
Treasuries rose ahead of a barrage of US data that may support bets the Federal Reserve will still cut interest rates this year, despite signs the downtrend in inflation has stalled.
Japan likely conducted its second currency intervention this week, according to a Bloomberg analysis of central bank accounts, in another sign of its intensified battle to prop up the yen.
Cie Maritime Belge SA, a Belgian shipping company, expects green hydrogen production in Namibia to start in the fourth quarter, a project that could see $3.5 billion in investment over the next five years.
Demand for cash from the Bank of England jumped to a record £12.2 billion ($15.3 billion) on Thursday, the latest in a string of increases that may spur policy makers to ease financial conditions through the bond market within months, analysts say.
Junk borrowers Multiversity SpA, Motel One GmbH and La Doria SpA tweaked the terms of their planned bond sales on Thursday to appeal to investors unsettled by recent turmoil in the high-yield market.
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