Kashkari says rising Treasury yields don’t concern him
Minneapolis Fed President Neel Kashkari said rising Treasury yields don't concern him and are unlikely to drive monetary policy, even…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Commerzbank Chair Calls for Review of German Takeover Rules After UniCredit Bid
Commerzbank's supervisory board chair, Jens Weidmann, wants German lawmakers to review the country's takeover rules after UniCredit won control of…
Iran dismisses new US sanctions threat as rial crosses 2 million per dollar
Iran's foreign minister dismissed a threatened new round of U.S. sanctions as a sign of American desperation, with Treasury Secretary…
US Treasury bond buybacks fail to hold down yields as gold bets rise
The U.S. Treasury's bond buybacks aimed at easing 10- to 30-year yields have failed to hold, with both benchmarks rebounding…
Foreign investors sold $29 billion in Treasury bills as Washington eyes stablecoin issuers
Foreign investors sold $29 billion of Treasury bills in June while pouring $181.4 billion into US stocks. Washington is now…
