Hedge Fund Guru Bill Ackman Bets Against US Treasuries, Expects 30-Year Yields To Surge To 5.5%
Billionaire hedge fund manager Bill Ackman is shorting long-term U.S. Treasuries, specifically targeting the 30-year maturity. His prediction:…
Capitol Hill Insurrection And Fiscal Concerns Drove Down US Credit Rating, Fitch Director Says
Fitch Ratings downgraded the U.S. credit rating from AAA to AA+. Richard Francis, a senior director at Fitch…
US Credit Rating Cut Triggers Surge In Treasury Yields: 7 ETFs Experience Wild Swings
U.S. Treasury yields experienced a significant surge on Wednesday, influenced by a combination of factors including elevated issuance…
Yellen Rebukes Fitch’s ‘Unwarranted’ Downgrade Of US Credit Rating: Treasuries Hit 9-Month Low
U.S. Treasury Secretary Janet Yellen is publicly criticizing Fitch’s decision to downgrade the United States’ credit rating, a…
Deja Vu: After Fitch’s Cut To US Credit Rating, A Look At The Market Fallout From S&P’s 2011 Downgrade
The recent downgrade of the US sovereign credit rating from AAA to AA+ by Fitch Ratings has brought…
Fitch Slashes US Credit Rating: 5 Top Economists Weigh In On Economic Fallout
In a move that sent shockwaves through global markets, Fitch Ratings downgraded the United States’ sovereign credit grade…
US Private Sector Adds 324,000 Jobs In July, Surpassing Expectations: Job Market Demonstrates Strong Resilience
The American labor market is demonstrating remarkable resilience, as evidenced by the latest employment report from Automatic Data…
Trump-Era Bailout Of Trucking Giant Yellow Heads South, Leaving Taxpayers In The Dust
The sudden cessation of operations by the trucking titan, Yellow Corp. (NASDAQ:YELL), may lead to financial losses for…
Hot On The Market: 5 ETFs In The Spotlight As Key Jobs Data Unfolds This Week
The July labor market report takes center stage this week. Investors and markets brace for significant economic releases…
September Rate Pause Odds Soar As Wall Street Economists Forecast Weaker Outlook
While Fed Chair Jerome Powell did not rule out another increase in interest rates, investors’ bets on a…