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Market News
October 2, 2021
Biden Mourns 700,000 Deaths; Alaska Crisis Deepens: Virus Update
President Joe Biden marked the “painful milestone” of 700,000 U.S. deaths from Covid-19, saying it’s a reminder for Americans to get...
October 2, 2021
U.K. to Allow Quarantine-Free Travel for Most Countries, Telegraph Says
The U.K. will abolish quarantine for almost all countries, the Sunday Telegraph reports, citing sources.
October 2, 2021
China’s Energy Crisis Highlights Weaknesses in Xi’s Power Plans
China’s energy crisis has highlighted weaknesses in one of President Xi Jinping’s top priorities -- energy security -- that could have...
October 2, 2021
Sinema Denounces House Liberals for Holding Roads Bill ‘Hostage’
U.S. Senator Kyrsten Sinema criticized House liberals on Saturday for delaying a vote on the bipartisan infrastructure bill she helped negotiate,...
October 2, 2021
Treasuries’ Pain Seen Deepening Amid Grimmest Year Since 2013
The Federal Reserve is doing its best to avoid the taper tantrum of 2013 as it moves toward curbing its bond buying. Ironically for Treasuries...
October 2, 2021
U.S. Payrolls Hinge on Progress With Record Vacancies: Eco Week
Employers in the U.S. probably stepped up their hiring in September after lackluster jobs growth a month earlier, illustrating gradual yet choppy...
October 2, 2021
Big Tech’s Stock Market Leadership Is Threatened By Rising Rates
Megacap technology stocks rallied through a global pandemic, fears of a bubble and rising regulatory scrutiny. But the bond market could be the...
October 2, 2021
Nuveen’s Nick Says 2013 ‘Taper Tantrum’ Will Keep Fed Cautious
The Federal Reserve learned its lesson from the “taper tantrum” of 2013 and will be deliberate and slow in reducing asset purchases this time,...
October 2, 2021
A $100 Billion Month of U.S. High-Grade Bond Sales Is On Deck
Wall Street syndicate desks expect to see $90 billion to $100 billion of fresh U.S. investment-grade bond supply in October, with as much as $20...
October 2, 2021