JPMorgan Chase & Co. strategists warned that markets may view the US Treasury’s surprise effort to curb long-term borrowing costs as lacking credibility, potentially pushing up the term premium and yields over time. The Treasury said on Wednesday it would at least...

One or more investors piled into an exchange-traded fund that’s highly sensitive to swings in long-term US bond yields on Tuesday, a day before the Treasury Department unexpectedly ramped up buybacks of long-dated debt and sparked a rally. The $1.5 billion Pimco 25+...

A loan issued by the financing entity of Guggenheim Investments whipsawed on Wednesday after executives reiterated to lenders that earnings would likely improve in the third quarter while steering clear of details about the wide-ranging probe into Mark Walter’s...

Shares of online used-car dealer Carvana Co. recovered some losses from a two-day selloff, after a report showed billionaire Mark Walter’s stake in the company was pledged, meaning he wouldn’t be able to immediately sell it as he contends with a federal probe of his...

The confidence and enthusiasm that has propelled dealmaking to $3.5 trillion this year may be spreading from the boardrooms of corporate acquirers to private equity, said Goldman Sachs Group Inc.’s Matt McClure. While strategic acquirers deploying capital to scale up...

Unitree Robotics shares surged 460% in their Shanghai trading debut after the company raised 6.1 billion yuan ($904 million) in an initial public offering, becoming the first listed humanoid robot maker in mainland China. Shares of the Hangzhou-based company,...

PE’s walking dead: The zombie portfolio companies with nowhere to goPrivate equity’s zombie problem is hiding in plain sight. Across the US, nearly 4,600 PE-backed companies have been held for five or more years, and GPs are sitting on over $860 billion in buyout NAV...

As investors debate whether and when the Federal Reserve will raise interest rates, market expectations for further tightening are building around the world — and spelling trouble for bonds. Traders see borrowing costs rising faster in Japan, Canada, the euro zone and...

The 2026 highs for the vast majority of all stocks are not likely to be exceeded until 2051. The prediction is based on my research of the Dow Jones Index from 1802 to 2009.   The research enabled my discovering that stocks have secular bull and bear market patterns. ...

Drone makers and suppliers, including two companies with ties to the Trump family, rallied Friday after the White House said it’s applying a tariff on imports of unmanned aircraft systems and their components. The stock of drone-parts maker Unusual Machines Inc.,...

Robinhood Markets Inc. is planning to increase how often it debuts publicly traded closed-end funds after unveiling its first two attempts at making private firms more widely available to its retail customers. The first fund, which holds stakes in large private...

Hedge fund billionaire Bill Ackman’s investment firm is working on a new investment vehicle to give investors access to pre-IPO companies, joining a wave of new funds offering exposure to fast-growing startups. Pershing Square Inc. has begun the process to launch the...

The Pentagon is moving to speed up the deployment of high-powered lasers and other counter-drone systems around key US facilities, amid increased threats from unmanned aircraft. The Defense Department will sign an agreement within days with the Department of Homeland...