This high level of corporate debt has made the U.S, particularly vulnerable to sharp downturns in global economic activity. Source: S&P Global Since mid-February, the market has turned sharply down in response to the coronavirus pandemic. The S&P 500® has fallen about 32% from its peak this year. Equity volatility shot up, as VIX® went…
As U.S. stocks slumped, big wagers on higher yield and flatter curve were challenged leading to futures and options positions being abandoned. Source: Bloomberg Volatility in the U.S. Treasury market appears to have forced traders out of what just a week ago appeared to be surefire wagers on higher yields and a flatter curve. Flight-to-quality…
Investor angst in financial markets is suggesting Congressional efforts to raise the nation’s debt ceiling will play out more like the lesser of two recent showdowns. Source: Bloomberg Financial markets are suggesting the political drama surrounding Congressional efforts to raise the nation’s debt ceiling will play out more like the lesser of two recent showdowns….
LONDON, UNITED KINGDOM, ENGLAND, February 27, 2024 /EINPresswire.com/
