The US government sold 30-year bonds at the highest interest rate in a quarter century, a testament to investors’ demand for greater compensation to finance the nation’s growing deficit. Priya Misra, Portfolio Manager: Core Plus Bond Fund at JPMorgan Asset Management, discusses the bond market and how the Fed is digesting recent economic data. (Source: Bloomberg)
Shares of KKR-backed LEAP India fell 5.3% in their trading debut on Friday, valuing the supply chain logistics firm at 69.18 billion Indian rupees ($725.2 million).
The S&P 500 hits its 27th record high of the year - but in the tech sector, even strong numbers are no longer enough. Applied Materials beats expectations and raises its forecast.
