Oil Jumps as Iran’s Attacks on Israel Put Ceasefire at Risk
(Bloomberg) — Oil surged after Iran fired several rounds of missiles toward Israel, threatening a fragile ceasefire as talks to end the war falter. Read More
Corporate Japan Borrows More as Deals, Outflows Pressure Ratings
(Bloomberg) — Japanese businesses are ramping up borrowing to cover cash shortfalls fueled by record merger activity, booming capital investments and mounting investor pressure for shareholder returns, putting their credit ratings at risk. Read More
Bond Traders Bet on a CPI Surge That Bolsters Case for Fed Pivot
(Bloomberg) — Bond traders are wagering that inflation figures this week will show the strongest price pressures in several years, adding to pressure on the Federal Reserve to raise interest rates. Read More
Fed’s Schmid Says More Cuts Could Drive Inflation Pressures
(Bloomberg) — Federal Reserve Bank of Kansas City President Jeff Schmid said additional interest-rate cuts could do more to ingrain higher inflation than shore up the labor market. Read More