US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.
Wall Street sees best CPI day since at least late 2023; Goldman Sachs and JPMorgan kick off the new earnings season ...
Donald Trump is getting some good news ahead of his inauguration as the 47th president of the U.S. on Monday. Bond yields are ...
Bank of England interest rate setter Alan Taylor said on Wednesday he expected the British central bank to cut interest rates four times in 2025, twice the pace priced into financial markets at the ...
The Fed has considered the inflation rate a key factor in its monetary policy decisions. The Fed’s key short-term interest ...
With sticky inflation and rising bond yields, mortgage rates continue to move higher. The Mortgage Bankers Association, whose ...
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Exchange-traded funds that hold bonds were rallying on Wednesday morning, following fresh data from the consumer-price index showed the rate of core U.S. inflation slowed slightly last month. The ...
Bond yields are finally pulling back, and the stock market is rallying in relief. The Dow was up 713 points, or 1.7%, in Wednesday morning trading. The S&P 500 rose 1.7%. The Nasdaq Composite was up 2 ...
Cooler-than-expected December core CPI reading snaps bond market selloff. The 10-year yield tumbles 12 basis points. Read ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
U.S. stocks are rallying Wednesday after Wall Street and financial markets worldwide got a shot of adrenaline from an ...