(Bloomberg) -- Treasury Secretary Scott Bessent can’t stop talking about 10-year bond yields. In speeches, in interviews, week after week, he states and restates the administration’s plan to push them down and keep them down.
Where Will Dogecoin Be in 1 Year?
With prices down 47% year to date, Dogecoin's (CRYPTO: DOGE) Trump-inspired rally is quickly unraveling. Meme coins like Dogecoin have historically posted explosive gains when market sentiment is positive but collapsed when the outlook sours. When it was launched in 2013, Dogecoin was intended to satirize the cryptocurrency industry, not solve any particular problem.
Bond Market Looks to Inflation Data to Back Steeper Yield Curve
(Bloomberg) -- Bond investors are driving a wedge into the Treasury market in anticipation of slower economic growth and faster inflation, spurring demand for shorter-term Treasuries at ever-lower yields while longer-term yields drift higher. The next test comes with Friday data expected to show inflation remains elevated. Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budge
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Sticky US inflation and tariffs are keeping the Fed sidelined
(Bloomberg) -- US inflation remains at a disquieting level for Federal Reserve officials, just as the Trump administration moves forward with tariffs that risk keeping price pressures elevated.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoDespite Cost-Cutting Moves, Trum
How Inflation Has Impacted Your McDonald’s Order Over the Last 10 Years
It's no secret that dining out, ordering takeout or having food delivered costs more than preparing food at home. But how much has the price of fast food risen in the past decade? Consider This: 10...
Cathie Wood says the U.S. is in a ‘rolling recession’ as money velocity collapses, but that will help unlock Fed rate cuts and lower taxes
The Ark Invest CEO also said she has been buying Tesla stock and crypto-related assets like Coinbase and Robinhood during the market's downturn.