Finance
Morrisons Gets Sales Boost From Hot UK Summer and World Cup
Morrisons reported the biggest sales increase in more than a year as hot summer weather and World Cup football drew shoppers to the UK supermarket chain.
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US Mortgage Rates Rise to 6.97%, Highest In More Than a Year
US mortgage rates last week climbed to the highest level in more than a year, marking the latest setback for an already sluggish housing market.
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Finance
Bond Traders Are Convinced the Fed Will Hike Interest Rates
Markets put the chance of increase at about 94%.
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Finance
Romania Set to Curb €10 Billion Foreign Debt Sale Plan
Romania’s officials in charge of debt management told investors the country will likely scale back its eurobond issuance plan for this year as it boosted borrowing on the domestic market, according to people familiar with the matter.
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Finance
UK Long Bonds Are Struggling Even as the Government Sells Less
The UK’s strategy to prop up its long maturity debt by selling less in the wake of the Liz Truss-era crash is failing to pay off.
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Finance
Investors Look Past Romania Risk to Pocket Junk-Like Yields
Traders are treating Romanian bonds as the European Union’s only junk-rated sovereign debt, with the country’s high yields luring investors despite a protracted political crisis in Bucharest.
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Finance
Latest Oil Market News and Analysis for Sept. 16
Oil retreated as traders assessed the extent of supply damages in the Middle East and whether a recent rally may have been overdone.
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Finance
Bond Market’s ‘Extreme’ Short Counts on Fed to Deliver Hike
Bond traders have piled into bearish positions ahead of Wednesday’s Federal Reserve meeting, betting that the Treasury selloff driving yields to their highest in almost two decades will continue.
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