Treasury Buyers Get 5% Long Bond for First Time Since 2007

Investors snagged 5% yields on 30-year Treasuries for the first time since 2007, as surging energy prices push inflation — and expectations for more of it — higher. A $25 billion auction of new 30-year bonds on Wednesday was awarded at 5.046% based on the yields that...

US Tech Stocks Still Dominate European Funds: ESG Investing

The seven largest stockholdings of European sustainable investment funds are US technology companies led by Microsoft Corp. and Nvidia Corp. Of the funds’ top-10 holdings, just one is based in Europe: ASML Holding NV, according to research from Morgan Stanley....

Waymo Recalls Robotaxis After Vehicle Drove on Flooded Road

Waymo is recalling thousands of robotaxis to fix a software issue that could cause the autonomous vehicles to drive on flooded roads. The recall affects 3,791 vehicles equipped with the company’s fifth- and sixth-generation automated-driving system, according to...

Aramco Sees Hormuz Halt Causing 100 Million-Barrel Oil Loss

Global oil markets are losing 100 million barrels every week the Strait of Hormuz is shut, compounding a supply shortage that has already made the Middle East war the most significant supply disruption ever, according to the head of Saudi Arabia’s state oil producer....