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Veteran municipal bond investor John Miller is calling for another banner year for new borrowings from state and local governments, even after the global trade war that’s rocking stocks and bonds ripped through the usually placid muni market. Continue Reading »
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said he expects “a kerfuffle” in the US Treasury market that prompts a Federal Reserve intervention. Continue Reading »
Wall Street Today: JPMorgan Chase gained 2.1% after beating first-quarter profit estimates, while Wells Fargo and Morgan Stanley slipped after reporting quarterly results. Continue Reading »
Individual investors are trying to dump Banco Master SA bonds, pushing yields higher and making it tougher for the struggling lender to raise cash needed for short-term obligations. Continue Reading »
The US dollar declined for the fourth consecutive session, falling 2% to 99.02, its lowest since July 2023. Investor confidence wanes amid Trump's tariffs, raising recession fears and leading to a flight to safer currencies. Analysts predict slower growth and higher inflation amid trade uncertainty. Continue Reading »