[ad_1] US bond yields could rise considerably to up to 5.5%, driven by the widening budget deficit and strong economic data, according to Geoffrey Dennis, an independent emerging markets commentator. US 10-year treasury yield is currently at 4.768%. “While the economy stays strong and the budget deficit continues to widen, it’s around 6% of GDP […]
Moldovan leader ahead as EU vote hangs in balance, results show – CNBC TV18
[ad_1] Moldovan President Maia Sandu took the lead in Sunday’s election with voters poised to back her bid for second term, as a referendum on joining the European Union hung in the balance, partial results showed. Sandu led a group of 11 contenders with 37% of the vote, according to an initial count by the […]
Wall Street falls sharply to close its worst week in nearly 18 months – CNBC TV18
[ad_1] Another rout hit Wall Street Friday, with formerly high-flying technology stocks again taking the brunt, after a highly anticipated update on the U.S. job market came in weak enough to add to worries about the economy. The S&P 500 dropped 1.7% to close out its worst week since March 2023. Broadcom, Nvidia and other […]