Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
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GE Vernova sellers have it all wrong — plus, why Fed rate hike odds are soaring
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Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
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Bond yields surge most in 19 months as traders brace for Fed rate hikes | CNN Business
US Treasuries slumped, pushing yields sharply higher, after hotter-than-expected inflation data and comments from a key Federal Reserve official fueled bets that the central bank would need to deliver more aggressive interest rate hikes to cool inflation.
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Despite Treasury's Scott Bessent's remarks, financial tracker CME Fed Watch forecasts rate hike in December likely.
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Trump’s Fed nightmare: Rates won’t be slashed. They could surge now
The US president’s demands for falling interest rates are going to be ignored when the Federal Reserve responds to last month’s hotter-than-expected inflation rate.
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Live: Wall Street retreats as hot inflation shortens odds of a rate hike, ASX set to slide
Wall Street hit the brakes as higher-than-expected inflation looks to have cemented a December rate hike, while the ASX is priced to slide as well. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
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