Munis were slightly better to kick off the week, while U.S. Treasuries were firmer 10 years and in and equities rallied. Municipal triple-A yields fell one to three basis points Monday while UST saw the 10- and 30-year end the session just above 4%. “Municipal bond yields decoupled from the Treasury market last week, ending basically
UK bosses were left stunned on Monday when chancellor Jeremy Hunt ripped up almost all of a series of promised “pro-business” tax changes, although he stuck by plans to lift a cap on banker bonuses. Hunt axed proposals around cutting dividends tax, repealing off-payroll working rules, a new VAT-free shopping scheme and a freeze on
Ulf Kristersson will be named Sweden’s new prime minister on Tuesday as the mainstream rightwing politician becomes the first in the country’s modern history to take power thanks to the support of a far-right party. Kristersson won the vote in Sweden’s parliament 176-173 with the backing of the three centre-right parties that will be in
After the disruption of the past few years, it was no doubt a sensible move to plan a cautious opera season. The novelties at the Royal Opera are spaced out to allow multiple performances of old favourites, not least a run of 17 performances of Puccini’s La bohème. There are three casts. The selling point
Joe Biden is one of the few world leaders who will vividly remember the Cuban missile crisis. He was a student, almost 20 years old, when the US and the Soviet Union came to the brink of nuclear war. Now, as US president, Biden has half-mused, half-warned that the world is currently closer to nuclear
Japan’s prime minister Fumio Kishida is seizing on an expected surge in spending by international tourists following the lifting of Covid-19 travel curb as an opportunity to emphasise the upsides of a sinking yen. Economists have estimated annual foreign tourist spending could exceed the government’s annual target of ¥5tn ($35bn), a level that would help
In this article QCOM META PZZA CHEF DHT Follow your favorite stocksCREATE FREE ACCOUNT Source: Papa Johns Investors white-knuckled their way through last week as the major averages swung sharply, fueled by key inflation reports. On Thursday, the Dow Jones Industrial Average leapt 1,500 points from its low of the session to the highest point
Welcome to Traders TV Tuesday and today we have a question from Paul that asks “Do you need to go to school or have a college degree to become a successful stock trader?” Well, Paul if you’re talking about the traditional sense in terms of education which I assume you are, you don’t need to
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Starting in early 2023, Coinbase’s payment service, Coinbase Commerce, will
U.S. investors have been waiting for a Bitcoin exchange-traded fund (ETF) approval since May 2014 when the Winklevoss Bitcoin Trust filed an amendment request at the Securities and Exchange (SEC). Over the years, the SEC has rejected every applicant and the latest denial was issued to WisdomTree’s application for a spot Bitcoin ETF on Oct.
The world’s energy infrastructure is at “significant” risk from climate change, as extreme weather events threaten dams, thermal power plants and nuclear stations, the World Meteorological Organization said this week. In its latest report, the WMO said existing energy infrastructure was already “under stress” and climate change was likely to directly affect fuel supply, energy
The mass exodus from cities inspired by the pandemic may be over, but suburban markets are still hot. With many people working remotely, the suburbs continue to be a more comfortable and affordable option without sacrificing access to the city, albeit with a bit of a longer drive or train ride. Check out these suburban
Data from blockchain analytics firm Chainalysis shows that October is “the biggest month in the biggest year ever for hacking activity.” The firm added that crypto hackers have grossed over $3 billion across 125 hacks so far this year. Crypto-Hacking Activity Soars in October Chainalysis shared some crypto-related hacking statistics Wednesday. The blockchain data analytics
This week, Bitcoin’s (BTC) price took a tumble as a hotter-than-expected consumer price index (CPI) report showed high inflation remains a persistent challenge despite a wave of interest rate hikes from the United States Federal Reserve. Interestingly, the market’s negative reaction to a high CPI print seemed priced in by investors, and BTC’s and Ether’s
Lots of bottom-callers are wishing it was over, but the pain has hardly begun. zacks.com zacks.com/ultimate
In this video we explain what a reversal is and show you five different classic price patterns to look out for that may signal a reversal. Test and practice your investment strategies in real market conditions with virtual money. Learn to trade and invest for free. – https://www.trading212.com/en/Practice-for-Free-GBP Download the free native mobile apps now:
Whoever hired Henry Mance to play himself in the TV show Industry and then provided him with a script missed a trick (“My bit part in the golden age of TV”, Opinion, Life & Arts, October 1). When I was hired to play myself conducting interviews for an Afternoon Play on BBC Radio 4 many
Rhode Island plans to price $227 million of general obligation debt Tuesday in a deal that underscores the state’s capital commitment to education. The competitive deal will price in two tranches: a $162.4 million tax-exempt Series A and $60.3 million federally taxable Series B. The bonds carry the AA rating of Fitch Ratings, Aa2 from
Municipals were little changed Friday, largely ignoring a weaker U.S. Treasury market, ahead of a larger new-issue calendar that features several billion-dollar state general obligation deals. U.S. Treasury yields rose, pushing them to multiyear highs. The two-year closed above 4.5% and the 10-year eclipsed 4%. Equities ended down on continued concerns over inflation. Muni-UST ratios
An agreement among the Puerto Rico Oversight Board and the local government in the Puerto Rico Electric Power Authority bankruptcy leaves the latter with moderate power in the bankruptcy process, observers say. The board, the Puerto Rico Fiscal Agency and Financial Advisory Authority, and the PREPA bond trustee U.S. Bank National Association filed the agreement,