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US Treasury Secretary Scott Bessent said he doesn’t anticipate a spillover from the French bond market, which has seen surging yields that have in turn driven a broader conversation about the European nation’s finances.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
Contract signings to purchase homes fell in September to the lowest level on record, as buyers fled the housing market in the wake of the average 30-year mortgage rate crossing over 7%.
Contract signings to purchase homes fell in September to the lowest level on record, as buyers fled the housing market in the wake of the average 30-year mortgage rate crossing over 7%.
"No Government programme is above criticism. No leader is beyond accountability. We should debate the merits of competing proposals, question their costs and demand results," President Ruto said.
Operating ROE hit 18.8% as underwriting discipline drove gains across specialty insurance.
Earnings jumped 20% YoY as deposit growth and credit quality improved.
