Economy

10-year Treasury yield climbs back to 5% after Fed hikes rates, Warsh highlights inflation risks

The 10-year yield moved above the 5% mark after a Federal Reserve rate increase and comments from Chairman Kevin Warsh highlighting persistent inflation risks.

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Stocks dive ahead of expected Fed interest rate hike

Stocks stayed in the red on Tuesday ahead of the Federal Reserve's interest rate decision on Wednesday. CBS News contributor Javier David has a preview of the meeting.

CNBC Daily Open: The rise of the White House contrarian trade

The demands of the White House are challenged, with a near-certain rate hike from the Fed, a vote-down of the Clarity Act and more warnings from the AI space.

Dovish outlier Nomura boosted Fed-hike forecasts for two reasons

Elevated oil prices and sticky inflation have prompted Nomura to add more rate hikes to its monetary forecasts, though less than what the market is pricing.

UK inflation jumps to 3.1% as energy costs soar

The reading comes just hours before the Bank of England updates its monetary policy.

Bond yields are spiking, oil is up

Rising Treasury yields, geopolitical risk and fresh AI safety concerns are hitting markets, but many investors remain bullish on AI spending and earnings.

Treasury yields hitting 5% may not break markets now

The 10-year Treasury yield hit its highest since 2007, pushing borrowing costs deeper into territory that could expose some of the financial system's weakest links.

Oil falls as U.S. crude inventories reportedly rise, traders weigh Saudi pipeline closure

Oil fell Wednesday, as an unexpected increase in U.S. crude inventories outweighed worries over supply disruptions after an Iran-backed attack on Saudi Arabia's East-West pipeline.

Grab aims for 'next level' in financial services with purchase of buy-now pay-later platform Atome

Grab is betting $1.49 billion on Atome Financial as it looks to expand its consumer lending business in Southeast Asia.

Indonesia's New Finance Minister Faces an Uphill Battle on Fiscal Credibility

Nazara, sworn in hours after Purbaya's dismissal, spent seven years as deputy finance minister and led the ministry's fiscal policy agency from 2015 to 2019.

BOJ expected to hike rates by 25 basis points to fresh three-decade high: CNBC survey

The BOJ is expected to hike rates by 25 basis points to a fresh three-decade high, a CNBC survey shows.