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Powell’s speech support U.S. rate-cut bets

2 days ago NAMEX Comments Off on Powell’s speech support U.S. rate-cut bets
NEW YORK (Reuters) – U.S. interest rates futures rose on Friday as Federal Reserve Chair Jerome Powell said the central bank will do what it can to preserve the longest U.S. economic expansion on record, supporting bets on a further decline in key borrowing costs. FILE PHOTO: A screen shows the numbers after the closing Read More

Rising trade tensions revive bets on deep U.S. rate cut

2 days ago NAMEX Comments Off on Rising trade tensions revive bets on deep U.S. rate cut
NEW YORK (Reuters) – U.S. interest rates futures rallied on Friday as rising trade tensions between China and the United States revived bets the Federal Reserve may lower key borrowing costs by a bold half-point next month. Earlier Friday, Beijing said it will impose a retaliatory tariffs on about $75 billion worth of U.S. goods Read More

As bond e-trading takes off, debt sales business may be ripe for automation

2 days ago NAMEX Comments Off on As bond e-trading takes off, debt sales business may be ripe for automation
LONDON (Reuters) – With banks’ bond trading desks increasingly going electronic, another of the last bastions of old-school banking – the business of helping companies and countries raise capital – may be about to succumb to the tide of technology. FILE PHOTO: People walk through the Canary Wharf financial district of London, Britain, December 7, Read More

U.S. rates futures slip ahead of Powell’s speech

2 days ago NAMEX Comments Off on U.S. rates futures slip ahead of Powell’s speech
NEW YORK (Reuters) – U.S. interest rates futures declined on Friday for a third straight day ahead of a highly anticipated speech by Federal Reserve Chair Jerome Powell, which traders will scour for clues on whether the central bank is ready to lower rates again. FILE PHOTO: A screen shows the numbers after the closing Read More

U.S. rates futures gain on China’s tariff, Fed’s Bullard

2 days ago NAMEX Comments Off on U.S. rates futures gain on China’s tariff, Fed’s Bullard
FILE PHOTO: Containers are seen at the Yangshan Deep Water Port in Shanghai, China August 6, 2019. REUTERS/Aly Song NEW YORK (Reuters) – U.S. interest rates futures rose on Friday, erasing their earlier losses after China announced retaliatory tariffs on about $75 billion of U.S. imports, rekindling bets the trade war between the world’s biggest Read More

Guggenheim’s Scott Minerd warns world bond markets are in a ‘bubble’

3 days ago NAMEX Comments Off on Guggenheim’s Scott Minerd warns world bond markets are in a ‘bubble’
(Reuters) – The bond market is in a “bubble,” particularly sovereign debt, Guggenheim Partners global chief investment officer Scott Minerd warned on Thursday, and he said that efforts by the Federal Reserve to head off a recession by cutting interest rates will ultimately prove futile. FILE PHOTO: Scott Minerd, Chairman of Guggenheim Investments and Global Read More

Column: U.S. Medicare readies new plan-shopping website, but timing prompts concerns

3 days ago NAMEX Comments Off on Column: U.S. Medicare readies new plan-shopping website, but timing prompts concerns
CHICAGO (Reuters) – (The opinions expressed here are those of the author, a columnist for Reuters.) FILE PHOTO: Pharmaceutical tablets and capsules are arranged in the shape of a U.S. dollar sign on a table in this picture illustration taken in Ljubljana, Slovenia, Aug. 20, 2014. REUTERS/Srdjan Zivulovic/File Photo Medicare experts often advise enrollees to Read More

Sovereign investors’ dislike for equities mostly fades in second quarter

3 days ago NAMEX Comments Off on Sovereign investors’ dislike for equities mostly fades in second quarter
LONDON (Reuters) – Sovereign wealth funds’ distaste for equities mostly faded in the second quarter, with some investors turning to emerging- market passive equity funds, data from the research firm eVestment showed on Thursday. FILE PHOTO: A trader looks at screens as he works on the floor at the New York Stock Exchange (NYSE) in Read More

U.S. money fund assets hit highest since October 2009: iMoneyNet

4 days ago NAMEX Comments Off on U.S. money fund assets hit highest since October 2009: iMoneyNet
NEW YORK (Reuters) – U.S. money market funds amassed their highest level of assets since October 2009 as investors shift cash into low-risk products amid worries about a global economic slowdown and trade tensions, a private report released on Wednesday showed. Taxable money funds, which are seen as almost as safe as bank accounts, are Read More

Moneysaving 101: Four ways to cut college textbook costs

4 days ago NAMEX Comments Off on Moneysaving 101: Four ways to cut college textbook costs
(The writer is a Reuters contributor. The opinions expressed are his own.) FILE PHOTO: Books are piled-up in this illustration photo September 13, 2018. REUTERS/Thomas White/Illustration By Chris Taylor NEW YORK (Reuters) – While sky-high U.S. college tuition might be the headline number, here is a sneaky little figure that might surprise you: the cost Read More