The Bank of England said Thursday that it decided to keep its emergency stimulus program unchanged and the central bank’s key lending rate at its record low of 0.5%.
Continue reading Bank of England Keeps Rates…
Stocks closed a bit higher after flitting around breakeven on light trading for much of the day. Financials outperformed, while commodities suffered. Treasury bond yields hit their highest intraday level since June. End-of-year…
The bonds have the U.S. government’s full backing. But investors this week are waking up to an entirely different risk: the alarming drop in bond values and rising yields. And the reason for that may less a tax-cut-fueled defic…
Nouriel Roubini, the NYU economics professor who has earned the nickname “Dr. Doom” for his predictions, says he’s concerned the tax cut compromise struck by President Obama and GOP leaders could expose the U.S. to bond vigila…
A dismal jobs report Friday means federal interest rates are likely to stay low for some time. Interest-rate futures traders, who previously anticipated that the Fed would raise rates at the end of next year, now believe the Fe…