Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Fortress’s Burton Says Rates Still Poised to Go Higher

Global bonds slumped as rising oil prices fueled inflation fears and bets on Fed rate hikes. Fortress Chief Strategist Elizabeth Burton says rates are still poised to go higher, arguing the underlying problem won’t be fixed without a fiscal response. She speaks on Bloomberg Open Interest. (Source: Bloomberg)

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

More in Finance & Markets

The Bank of North America (Before Hamilton’s First Bank of the United States)

Thanks to the power of musical theater and the genius of Lin-Manuel Miranda, I can now speak in public spaces about Alexander Hamilton and the First Bank of the United States without watching people’s…

  • Bank of North America founded in 1781, operated from 1782
  • Served crucial role for US before First Bank of the United States
  • Addressed financial uncertainty, war debt, unstable currency

More from Tuesday 1 September →