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Move reflects Washington's concerns about sharp rise in borrowing costs, investors say
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The Treasury Department said Wednesday that it will more than double the size of government-debt buybacks, sending yields sharply lower and stocks higher at the market open.
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Treasury announces upscaled buyback operation for longer-term debt, sending yields lower CNBCStock futures jump as Treasury action relieves bond market pressure: Live updates CNBCBonds Bounce as Treasury Buyback Boost Shows Willingness to Lower Long-Term Yields Barron'sBon
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Stock futures are little changed as tech slips, oil prices rise: Live updates CNBCTech selloff weighs down Wall Street as bond yields climb ReutersGlobal bond sell-off pressures stocks: AlphaCheck Yahoo FinanceStocks and Bonds Find Respite After Days of Strain: Markets Wrap Bloomberg.com
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Chinese humanoid robot maker surges 600% in trading debut Financial TimesChina's backflipping robot maker Unitree pops 542% in Shanghai debut CNBCChinese Robot Maker Unitree Leaps in Stock-Market Debut WSJUnitree Robotics Set to Debut After $904 Million Shanghai IPO Bloomberg.com
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Older adults could be scrambling for new health coverage next year, especially in rural markets that have fewer insurance choices.
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HarbourVest Partners has named former Morgan Stanley Investment Management executive Brian Taranto as the first COO of its global private wealth business, as the private markets manager continues to expand its wealth platform.
The post HarbourVest creates global private wealth COO role with Morgan Stanley exec hire appeared first on AltAssets Private Equity News.
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Italy's credit was cut by Moody's to the lowest investment-grade rating, in a move that will likely add further selling pressure on Italian bonds and raise borrowing costs for the debt-laden country.
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