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The yield on five-year US Treasuries rose above 5% for the first time in almost two decades as strong US economic data pushed investors to prepare for a series of Federal Reserve interest-rate hikes to stem inflationary pressures.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
The White House is preparing a plan to ban diesel exports for 90 days, Politico reported, citing unnamed sources.
David Shapiro of Otto1890 unpacks the weaker rand and JSE losses, led by mining counters amid falling commodity prices. He discusses today’s CPI print, the downward GDP revision and the MPC’s…
Key PointsThe State Street SPDR S&P Dividend ETF could provide credible recession protection.
Amazon Web Services will drive the future of the company.
S&P Global said its overall inflation measure hit its highest level since October 2022.