Global government bond yields tumbled Wednesday, taking German bunds to fresh record lows, as investors reacted to both weakening manufacturing data and the potential appointment of central bank executives in both Europe and the United States that are expected to support further interest rate reductions.
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International Monetary Fund Managing Director Christine Lagarde has emerged as the choice to replace Mario Draghi as president of the European Central Bank later this year, following two days of tense negotiations in Brussels that saw European leaders divvy up the top jobs for the region's executive.
When it comes to his oft-stated goal of reducing the U.S. trade deficit, President Donald Trump isn't winning. The current account deficit - a broad measure of the trade balance that also encompasses some investment flows - has averaged $48.9 billion a month so far in 2019, roughly 17% higher than in 2016, the last full year before Trump took office.
Banks quick to raise dividends and buybacks following Fed results.
A top Wells Fargo strategist breaks down the risk in holding 'risk free' treasuries right now.
Federal Reserve officials last week scrapped a pledge to be 'patient'' when deciding whether to cut U.S. interest rates to ward off an economic downturn. The move was seen as inching the Fed closer to a possible reduction in July. But Robert Kaplan, president of the central bank's Dallas branch, argues in a new essay that 'additional time' is needed to evaluate whether to make any changes in monetary policy.
It's a question of income vs. growth with this dividend stock.