A former senior advisor for the Federal Reserve was arrested Friday on charges that he conspired to steal Fed trade secrets for the benefit of China. The data that the advisor John Harold Rogers allegedly shared with his co-conspirators could allow China to manipulate the U.S. market “in a manner similar to insider trading,” according […]
A general view of the World Economic Forum (WEF) Annual Meeting as it convenes under the theme of ‘Collaboration for the Intelligent Age’ in Davos, Switzerland on January 20, 2025. Anadolu | Anadolu | Getty Images U.S. President Donald Trump has only been in office for a matter of days, but his impact on markets […]
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world As Scott Bessent, Trump’s Treasury secretary nominee, endured his first Congressional hearing on Thursday, he was grilled about America’s economic challenges. Even before he started, however, evidence had emerged of these: on Wednesday […]
Stay informed with free updates Simply sign up to the US inflation myFT Digest — delivered directly to your inbox. US stocks and bonds rallied after data published on Wednesday showed underlying price pressures in the world’s largest economy easing more than expected, prompting investors to bet on swifter interest rate cuts this year. The […]
The 10-year Treasury yield touched a fresh 14-month high as investors looked ahead to key inflation prints. The yield on the 10-year Treasury was last up around 2 basis points at 4.79%, the highest level since Nov. 1, 2023. This followed the 10-year Treasury yield’s jump on Friday following a hotter-than-expected jobs report. The 2-year […]
The 10-year Treasury yield hovered near an eight-month high on Wednesday as investors digest this week’s strong economic data, which reinforced expectations that the Federal Reserve will act with caution in its rate cut path this year. The yield on the benchmark 10-year Treasury was last less than one basis point lower at 4.681%, after […]
The 10-year U.S. Treasury yield rose Tuesday, capping a year that saw the benchmark yield push higher even as the Federal Reserve cut short-term rates. The 10-year Treasury yield finished the day up by about 3 basis points at 4.57%, reversing declines from Tuesday morning. The 2-year Treasury yield was last down by 1 basis […]
U.S. Treasury yields fell back on Monday in one of the final trading days of the year. The yield on the 10-year Treasury was down by about 8 basis points at 4.537%, trading just below multimonth highs recorded last week. The 2-year Treasury yield was last trading at 4.25% after falling more than 7 basis […]
WILLISTON, ND – JULY 23: Scott Berreth, a derrick hand for Raven Drilling, drills for oil in the … [+] Bakken shale formation on July 23, 2013 outside Watford City, North Dakota. (Photo by Andrew Burton/Getty Images) Getty Images Major US stakeholders historically loved a strong dollar. Consumers, whether in households or corporations, have arguably […]
Danai Nesta Kupemba / BBC At London’s famous Hyde Park at around 11:00 on a crisp Saturday morning, runners gather at some benches – some tall and lean, others broad and sturdy, a few logging into the Strava app, but one common thread unites them – most of them are Nigerians of Igbo extraction. This […]
