Verified report from bloomberg.com
NewsMatic brief
Gold edged lower as investors weighed the risk of a series of further US Federal Reserve rate hikes, even as benchmark oil futures extended a decline toward $100 a barrel.
NewsMatic provides a concise source-linked brief. The protected full report and continuing updates remain with the original publisher.
Read the full report at bloomberg.com →Related coverage
The $4 trillion-a-day currency swaps market is trying to break its reliance on dealers picking up the phone, with trading venues looking to automate this stubbornly manual corner of foreign exchange.
Read on NewsMatic →
SoftBank Group Corp. is seeking the equivalent of more than $11 billion in what would be one of the biggest junk bond deals ever, people familiar with the matter said Monday, as billionaire Masayoshi Son’s conglomerate ramps up its investments in ChatGPT creator OpenAI.
Read on NewsMatic →
Oil dropped for a fourth day, with Brent set for the longest run of declines since June, as traders tracked diplomatic efforts to end the US-Iran war and signs cargoes are still getting through the Strait of Hormuz.
Read on NewsMatic →
Investors in the US Treasury market are shifting their focus to owning shorter-dated government bonds, a bet that the Federal Reserve will eventually emerge victorious in its fight against inflation.
Read on NewsMatic →
Emerging-market investors are for now sticking with local-currency sovereign debt as surging Treasury yields dim the appeal of dollar-denominated developing-nation bonds.
Read on NewsMatic →
European real estate debt is starting to show the strain of higher interest rates, with a slump in riskier bonds and the rare cancellation of a new junk issue.
Read on NewsMatic →
