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One or more investors piled into an exchange-traded fund that’s highly sensitive to swings in long-term US bond yields on Tuesday, a day before the Treasury Department unexpectedly ramped up buybacks of long-dated debt and sparked a rally.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
The federal government's IOU has now more than doubled in less than a decade, from $19.95 trillion when US President Donald Trump was sworn in for the first time in January 2017.
US national debt has surpassed $40 trillion, driven by increased borrowing and rising interest payments. Learn how this impacts the US economy and global m Read More…
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Australia will release the July monthly employment report on Thursday at 01:30 GMT. Ahead of the announcement, analysts anticipate a modest 15K increase in job creation, while the Unemployment Rate is…
