U.S. 10-year Treasuries borrowing rate in repo market goes negative, indicating stress
NEW YORK (Reuters) – The cost of borrowing U.S. 10-year Treasuries in the overnight repurchase, or repo market, went deeply negative on Thursday, [...]
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Asian shares open higher as Fed's Powell nixes inflation fears
MIAMI (Reuters) – Asian stocks perked up on Thursday after U.S. Federal Reserve Chair Jerome Powell reaffirmed interest rates would stay low, calming [...]
S&P 500 rises briefly after Powell remarks; U.S. bond yields fall
NEW YORK (Reuters) – The S&P 500 rose briefly Wednesday after Federal Reserve Chair Jerome Powell called for a more comprehensive approach to [...]
Hungary's 2021 economic rebound hinges on COVID vaccine: finance minister
BUDAPEST (Reuters) – Hungary’s economy will struggle to grow next year if a coronavirus vaccine is not found, finance minister Mihaly Varga said [...]