Next Hurdle for Treasuries Is Whether US Keeps Debt Sales Stable

Dealers see long-term debt auctions held steady for now Focus of refunding guidance will be on coming quarters With its confidence in future interest-rate cuts shaken by US economic resilience, the Treasuries market is also facing doubts about how much longer the US...

S&P 500 Profit Beats Disappoint as Season Kicks Into High Gear

Earnings beat estimates at the lowest rate since 2022: BI data RBC’s Calvasina sees scope for short-term decline in US stocks Companies in the S&P 500 are beating earnings estimates at the lowest rate in nearly two years, a trend that could point to declines for...

Yale’s $41.4 Billion Fund Reports Second-Lowest Ivy Return

Yale University’s endowment recorded a 5.7% investment return during the year ended in June, the lowest in the Ivy League except for Princeton. The Yale fund’s value increased to $41.4 billion, the school said in a statement Friday. The endowment contributed $2...

GOP Sweep Would Ignite Animal Spirits, $12 Billion Adviser Says

Investors should be prepared for US market volatility and lower long-term returns on stocks whether Donald Trump or Kamala Harris wins the Nov. 5 presidential election, money managers said at a Bloomberg event in Los Angeles. Todd Morgan, chairman of Bel Air...