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How rising bond yields can wreck some portfolios while pumping up others with cash

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How rising bond yields can wreck some portfolios while pumping up others with cash

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Cantor’s 9/11 Charity Day

On September 11th, 2001, Cantor Fitzgerald lost 658 employees in the World Trade Center attacks. Twenty-five years later, the firm has turned its worst day into one of Wall Street’s biggest days of…

Shilling holds steady as forex reserves hit Ksh1.97T

The Kenya shilling remained largely stable against major currencies in the week ending September 10, trading at Ksh129.45 against the dollar on Thursday compared with Ksh129.48 a week earlier.

  • Kenya shilling stable at Ksh129.45 per USD, unchanged from previous week
  • Foreign exchange reserves reached Ksh1.97 trillion by September 10
  • Reserves met CBK requirement of 4 months import cover

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