E-Learning

Treasury Yields Slide on Fresh Evidence US Economy Is Weakening

(Bloomberg) -- Treasury yields declined to the lowest levels in nearly a month for most tenors after weaker-than-expected gauges of job creation and service-sector activity strengthened traders’ conviction that the Federal Reserve will resume cutting interest rates this year.Most Read from BloombergThe Global Struggle to Build Safer CarsICE Moves to DNA-Test Families Targeted for Deportation with New ContractAt London’s New Design Museum, Visitors Get Hands-On AccessLA City Council Passes Budget

Read more

Most emerging market currencies set to hold on to gains: Reuters poll

Most emerging market currencies will hold the gains they have made this year or extend them against a retreating dollar in the next six months as traders ditch the U.S. exceptionalism trade that fuelled the greenback's dream run, a Reuters poll of FX strategists found. At the start of the year, emerging market currencies looked set for a rough ride on expectations of U.S. economic strength and delayed Federal Reserve interest rate cuts as well as trade tensions. But they have since defied expectations as U.S. President Donald Trump's broader-than-expected but erratically implemented tariff together with a deteriorating fiscal outlook have sparked a flight from the dollar and U.S. assets.

Read more

Palantir Investors Unfazed by Sky-High Valuation as Stock Surges

(Bloomberg) -- Palantir Technologies Inc.’s breakneck rally shows no sign of letting up as investors remain captivated by its artificial intelligence promise despite one of the most expensive valuations among US stocks. Most Read from BloombergThe Global Struggle to Build Safer CarsICE Moves to DNA-Test Families Targeted for Deportation with New ContractAt London’s New Design Museum, Visitors Get Hands-On AccessLA City Council Passes Budget That Trims Police, Fire SpendingNYC Residents Want Safe

Read more