Thames Water junior creditors accuse rivals of ‘predatory’ loan conditions
Thames Water’s junior bondholders have accused the troubled utility’s senior creditors of attaching “predatory” conditions to a £3bn emergency loan, which they claim is an attempt to “sidestep” ...
US Treasuries fall after stronger than expected economic data
The benchmark 10-year yield was 0.07 percentage points higher at 4.68 per cent, its highest level since May last year, while the policy-sensitive two-year Treasury yield was up 0.03 percentage points ...
Mixed JOLTS data gives no reason for Fed to ease
The quits rate, an indicator of confidence in the labour market’s strength, declined to 1.9 per cent.
Is the US stock market in bubble territory?
Is the US stock market too high? It’s extremely rare for the S&P 500 to return 20 per cent or more for two years in a row. It happened in the past two years, with the S&P 500 up 24.2 per cent in 2023 ...