Tuesday links: bonds as diversifier
Rates A dozen reasons why rates are rising, including 'Long-term rate normalization.' (ritholtz.com) It's hard to find bonds yielding less than 3% these days. (apollo.com) Rising rates are threatening to scuttle pending CRE deals. (wsj.com) Companies Uber ($UBER) is buying ezCater. (techcrunch.com) Wall Street is having a good year. (axios.com) The energy industry is consolidating even further in…
Tuesday brings a variety of financial news stories to consider. One key topic is the current rise in interest rates, with reasons cited such as long-term rate normalization. Many bonds are now yielding less than 3%, making them less appealing to investors.
The commercial real estate sector faces challenges as rising rates threaten to delay pending deals. Meanwhile, tech companies continue to make headlines, with Uber acquiring ezCater. Wall Street enjoyed a successful year, and the energy industry in Houston experiences further consolidation.
Insurance company mascots are a curious topic, while ETFs with three times leveraged commodity exposure are being developed. Money managers explore how they approach ETF share classes, and new sports betting ETFs are explained.
In sports, the Financial Times and Standard Chartered Business Book of the Year Award shortlist includes "The Infinity Machine" by Sebastian Mallaby. Podcasts feature Derek Thompson discussing the book with Kevin Roose.
Housing news highlights how higher mortgage rates may impact sellers who are hesitant to lower their prices. The Midwest remains the most affordable housing region.
Economic indicators show a solid employment economy. Concerns arise about AI potentially reducing the need for other capital spending. Abnormal Returns covers lost capacities and provides a recap of the previous Monday's linkfest.
Advisers are advised to take less risk, while truck transport rates soar, affecting independent truckers. Diesel prices exacerbate the school bus crisis, and road repair costs continue to rise.
Written by urgent.news from Abnormal Returns's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
