Bond ETFs are selling off after inflation rises more than forecast
Exchange-traded funds that hold U.S. bonds were under pressure on Wednesday morning, after fresh data showed inflation rose more than forecast in January. The iShares Core U.S. Aggregate Bond ETF was ...
Bank of America Securities Sticks to Its Hold Rating for Freshworks (FRSH)
Bank of America Securities analyst Michael Funk maintained a Hold rating on Freshworks (FRSH – Research Report) today. The company’s shares ...
Bank of America CEO says U.S. consumer in good shape, business investment solid
Chair and CEO Brian Moynihan said Wednesday the U.S. consumer remained in good shape and business investment stayed on a solid footing.
America’s debt cannot keep stacking up, says Jeffrey Gundlach
America’s sovereign-debt spiral has been building since Washington embarked on large budget deficits in the 1980s. As the tab rose from about 30% of GDP towards 100% in the 21st century, the Treasury ...
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Congressional Republicans weighing tax change that would make infrastructure more expensive
Republicans in Congress are considering eliminating a tax break that lowers the cost of public infrastructure projects across ...
Bonds Might Be Losing Money, but There Is a Bright Side
My third thought is that the bright side of the recent bond selloff is that the two major asset classes have moved in different directions. That’s called “negative correlation” and is seen as a ...