News

Twelve U.S. blue chips, including Morgan Stanley, issued debt today, making it the busiest day for bond issuance since just after Labor Day.

A disabled worker alleges Electric Boat Corp. did not provide reasonable accommodations for his disabilities and he was ultimately fired for noncompliance with the company's post-Covid return-to-office policy.

Resilient household demand, paired with a pickup in inflation, created momentum heading into the fourth quarter.

After a run of solid economic data, the rise in 10-year Treasuries' yield, to 5%, makes them attractive to embattled investors.

At 4.9%, Q3's annualized GDP growth was more than double the second-quarter pace.

Quantitative tightening is "an underappreciated risk" that might keep bond yields higher for longer. Auctions of 10- and 30-year Treasuries were poorly received this month, and supply will keep increasing, thanks to the widening budget deficit.