02-08-2024
Spreads on some of Intel’s longer-dated bonds were as much as 20 basis points wider on Friday.
02-08-2024
U.S. factory orders fell 3.3% in June mostly because of weaker demand for passenger plans and military aircraft, but an ongoing slump in manufacturing showed no sign of ending.
02-08-2024
Also, new rules for home buyers, an estate planning mistake to avoid and a passing of the torch for Big Tech
02-08-2024
Recession fears, a growth scare, and a Federal Reserve policy mistake. A combination of all three things gripped the U.S. government debt and interest-rate corners of the financial market on Friday, as traders weighed two days of weaker-than-expected data and translated that into large swings in fed-funds futures and the yield on the policy-sensitive 2-year Treasury note.