The 10-year Treasury note yield traded near the key 5% mark after a Federal Reserve rate increase and comments from Chairman Kevin Warsh highlighting persistent inflation risks.
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10-year Treasury yield climbs back to 5% after Fed hikes rates, Warsh highlights inflation risks
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The 25 basis-point hike is the first raise in three years and comes ahead of critical midterm elections in the US.
Brief by WorldPing · Original reporting by Al Jazeera
WorldPing'Severe damage': Pak vessel limps back to harbour after collision with Indian warship — full report at Times of India.
Brief by WorldPing · Original reporting by Times of India
WorldPingThe Federal Reserve delivered the hike Wall Street had almost unanimously priced in.
Brief by WorldPing · Original reporting by Decrypt
WorldPingThe Federal Reserve just did something it hadn’t done in 1,148 days: raise interest rates. The Federal Open Market Committee (FOMC) voted 12-0 to lift the federal funds target range by a quarter percentage point to 3.
Brief by WorldPing · Original reporting by Bitcoin.com
The pipeline has allowed the Saudis to shift oil exports to the Red Sea while the U.S. and Iran battle for control over Hormuz.
Brief by WorldPing · Original reporting by CNBC World
WorldPingThe move comes as Americans are already struggling with high costs for groceries, gas, and housing.Affordability has taken on a leading role in the upcoming midterm elections, just seven weeks away…
Brief by WorldPing · Original reporting by The Hindu
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