Traders Are at Odds With ECB and BOE on How Far Rates Will Rise
Traders are increasingly diverging from central bankers on the outlook for interest-rate hikes in Europe.
Traders are increasingly diverging from central bankers on the outlook for interest-rate hikes in Europe.
France’s energy system is facing a tight period this evening as low nuclear availability drives up power prices.
Kokou Agbo-Bloua, global head of economics, cross-asset and quant research at Societe Generale Corporate and Investment Banking, discusses the rising 10-year Treasury yield and its impact on debt-fueled artificial intelligence capex. “If it goes to let’s say 5.5% to 6% and growth doesn’t pick up, because it’s there simply reflecting higher nominal GDP, then you can sort of break the whole economics of AI debt capex,” Agbo-Bloua tells Bloomberg Television. (Source: Bloomberg)
Essity AB is preparing to kick off the sales process for its consumer tissue business as soon as next month, according to people familiar with the matter, after activist investor Cevian Capital took a minority stake in the Swedish company.
Blackstone Inc. is working through a backlog of investors who’ve asked to pull cash out of the firm’s flagship private credit fund and is confident the asset class will recover, President and Chief Operating Officer Jon Gray told Swiss newspaper NZZ.
“They had been married for over 30 years when she passed.”
Morgan Stanley late on Monday joined Wall Street rival Goldman Sachs in changing its call from the Federal Open Market Committee leaving rates unchanged to the U.S. central bank hiking interest rates.
Exuberance around risk assets is fading as investors worry about a chaotic rise in bond yields and the results of US midterm elections, according to a survey by Bank of America Corp.
Momentum in Canada’s housing market stalled in August as trade talks with the US broke down and the countries levied new tariffs on each other’s goods.
US investment consultancy Marsh is raising its Treasury allocation in some portfolios recommended to clients, a sign that large investors aim to take advantage of elevated yields.