What's breaking now, across thousands of outlets.
Bloomberg's Shruti Singh and Aashna Shah join Emily Graffeo on "Bloomberg Real Yield." A painful fixed-income selloff is eroding returns in state and local government debt, driving the rate on benchmark 30-year municipal bonds above the 5% threshold, the highest since at least January 2011. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
The benchmark 30-year fixed-rate mortgage rose to 7.28%, mortgage buyer Freddie Mac said Thursday. A year ago, the average rate was 6.34%.
The Manhattan-based fund adviser rode investor enthusiasm for pending initial public offerings by companies including OpenAI, the Securities and Exchange Commission alleged.
Key PointsSK Hynix currently generates a higher overall revenue total at the end of each period than ASML Holding.
Shares of toymaker Mattel rose Thursday after the Wall Street Journal reported that Authentic Brands Group had expressed interest in buying the toy maker.
