Editorial News

The dollar held near an 18-month high on Monday, supported by safe-haven demand as an escalating Middle East conflict kept investors cautious ahead of key US inflation ​data later this week. Oil prices were ​volatile after Yemen’s Iran-backed Houthis stepped ​up strikes on Saudi Arabia, and two…

Mortgage rates in the United States have hit their highest level in nearly three years, as cost-of-living concerns weigh on Americans less than a month before the midterm elections. The average cost for a 30-year fixed-rate mortgage jumped 19 basis…

The recent jump in Treasury yields has highlighted how vulnerable the U.S. debt outlook is to the bond market, which Scope Ratings flagged in a new report. On Friday, the Europe-based credit ratings agency maintained the U.S. sovereign score at…

Fast-rising interest rates are taking their toll on mortgage demand, as both potential homebuyers and current homeowners head to the sidelines. Total mortgage application volume dropped 4.1% last week compared with the previous week, according to the Mortgage Bankers Association’s…

Scott Bessent made announcement on Wednesday as bond yields rose to highest point since 2008 financial crisis The US treasury moved to cut the cost of borrowing on Wednesday only to be swiftly rebuffed by the bond market. Scott Bessent,…

The US economy is staring down the barrel of $40 trillion in debt, bond yields on the cusp of a 19-year high and a costly war driving inflation higher. The Trump administration has a novel solution: We’ll just grow our…

A sharp sell-off in global government bonds is exposing investor anxiety that the macroeconomic backdrop may be shifting toward persistently higher inflation, as governments struggle to rein in spending and sovereign debt. Pressure on yields is not just a factor…

WASHINGTON, Aug 25 (Reuters) – U.S. debt hasn’t been further downgraded, breakeven rates on inflation-protected bonds haven’t spiked, and the cost of insuring against a federal default hasn’t skyrocketed, signs that most investors still see U.S. bonds as a largely…

The U.S. dollar edged ⁠up on Monday, coming off its third weekly decline in four that sent the greenback to three-month lows as the U.S. Treasury promised to buy back more ​long-dated bonds, while details of sanctions ​on Iran were awaited. After last week’s ​announcement by the Treasury Department that…

The U.S. budget deficit soared to its highest monthly level in more than five years amid a surge in Medicare costs and as interest on the federal debt continued to weigh on the nation’s fiscal picture, the Treasury Department reported…