November 7, 2024
Financial Assets

US Yields Fall as Jobs ‘Seal the Deal’ for Fed Cut: Markets Wrap

(Bloomberg) — Bond yields fell as a big downward revision of US payrolls reinforced bets the Federal Reserve will cut rates in September. Most Read from Bloomberg Treasuries rose across the curve, with the move led by shorter maturities. Swap traders are pricing in about 100 basis points worth of easing in 2024. The implied

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Financial Assets

Japan Leads Asian Stocks Higher After Holiday: Markets Wrap

(Bloomberg) — Asian stocks climbed, with equity benchmarks in Japan rising after a holiday as a weaker yen is seen providing support for exporters. Most Read from Bloomberg Shares also advanced in South Korea. MSCI’s Asia-Pacific stock index traded at its highest level since Aug. 5, after its recovered from last week’s rout. The S&P

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