Wall Street is keeping a close eye on the bond market after long-term Treasury yields spiked last week as investors reassessed the US fiscal outlook in light of President Trump's proposed tax legislation. The 30-year Treasury yield (^TYX) surged as high as 5.15% last week, hovering near its highest level since 2007. Yields pulled back slightly in early Tuesday trading, with the 30-year yield dipping back below 5% following reports that Japan's central bank may scale back its own bond issuance. Still, investor anxiety remains elevated. While ballooning deficits have...
May 27, 2025 8:49 AM ISTUS Stock Market Live: Japan Loses Top Creditor StatusJapan lost its position as the world’s largest creditor nation for the first time in 34 years, despite posting a record amount of overseas assets. Japan’s net external assets reached ¥533.05 trillion ($3.7 trillion) at the end of 2024, rising about 13% from the previous year, according to data released Tuesday by the Ministry of Finance. While the figure marked an all-time high, it was overtaken by Germany, whose net external assets totaled ¥569.7 trillion. China remained...
By CNBCTV18.COM | May 27, 2025 7:42 AM IST (Updated)US Stock Market Live: Futures on Wall Street are maintaining gains from the holiday trade as trading will resume later this evening after the Memorial Day Holiday. The Dow futures are currently trading with gains of 350 points, while those on the S&P 500 and Nasdaq are trading 60 points and 240 points higher respectively. Watch this space for all the Live updates.US Stock Market Live: Futures on Wall Street are maintaining gains from the holiday trade as trading will resume later...
Fast-growing fruit trees for your backyard harvestHere are five fast-growing fruit trees you can plant in your backyard for a quicker harvest.unbranded - LifestyleRates for home loans remained high as consumer and investor confidence take a hit amid the White House's tariff rollout.In the week ending April 24, 30-year fixed-rate mortgages averaged 6.81%, Freddie Mac announced. That’s down fractionally from 6.83% last week, which saw the biggest one-week jump since last August.Those figures don’t include fees or points, and rates in some parts of the country may be higher or lower than the...
On an upcoming episode of the Opening Bid podcast, Trump's top economic adviser during his first term, Gary Cohn, suggested that whipsawing markets could use a dose of policy certainty. "I would tell anyone who wants to understand what's going on in markets ... that markets thrive on predictability and they thrive on uncertainty," Cohn, who is a former director of the National Economic Council and current IBM vice chair, told Yahoo Finance's Brian Sozzi. "Ambiguity is the No. 1 enemy of a market," Cohn continued. "When a company creates...