TLT, Bond Market Still Pricing in December Rate Cut
Fed funds futures point to 85% probability of a 25-basis-point rate cut.
Fed funds futures point to 85% probability of a 25-basis-point rate cut.
Apollo Global Management shares hit an all-time high soon after trading began Monday on news it will be added to the S&P 500 Index, but soon reversed course.
Chinese stocks surged in late Hong Kong trade on Monday in the latest government announcement promising action to boost its stuttering economy.
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Designer Brands Inc. (NYSE:DBI) will release earnings for its third quarter, before the opening bell on Tuesday, Dec. 10. Analysts expect the Columbus, Ohio-based company to report quarterly earnings at 35 cents per share, up from 24 cents per share in the year-ago period. Designer Brands projects to report quarterly revenue of $802.14 million, compared to $786.33 million a year earlier, according to data from Benzinga Pro. On Dec. 4, Telsey Advisory Group analyst Dana Telsey maintained Designer
Nvidia shares moved lower Monday after China's State Administration for Market Regulation said it is investigating the chipmaking giant for potential violations of Chinese anti-monopoly laws.
(Bloomberg Markets) -- Donald Trump’s pledges to slash taxes, crack down on immigration and impose steep tariffs have long stirred concern that his policies may widen the budget deficit and fuel inflation, sparking higher interest rates and bond yields. That would be bad news for bond investors, since prices fall when yields rise. But by all measures, the $29 trillion US Treasury market has been relatively peaceful since Trump won the election on Nov. 5. The benchmark yield on 10-year bonds dro