Business

US treasury doubles debt buyback to steady bond market amid inflation fears

The Guardian

US treasury doubles debt buyback to steady bond market amid inflation fears

Yields, at recent highs this week, dropped after treasury’s vow to ‘provide greater liquidity support’ to bond market The US treasury is doubling its buyback of government debt in an effort to balance out the bond market and counterbalance…

The Guardian

Hedge Fund Capula Hires From Freepoint, Element in Energy Push

Capula Investment Management hired two energy traders as it expands into energy and commodities, according to people familiar with the matter.

Putin instructs government to assess effectiveness of investment support measures

The head of state stressed that the Russian economy needs to achieve sustainable growth in capital investment, including investment in modernizing production and improving labor productivity through new technologies

Copper Firm KME Is Said to Pick Banks for Unit’s German IPO

KME Group Spa has picked banks to help arrange a Frankfurt listing of Cunova GmbH, which could value the unit producing copper-nickel at as much as €1 billion ($1.2 billion), according to people familiar with the matter.

Growth in domestic financing becomes key structural shift in Russian economy — Novak

The Russian deputy prime minister also noted that state-owned companies continue to account for a significant share of investment, with the five largest companies responsible for more than 15% of total investment

Lerner: Give Bull Market Benefit of the Doubt

Keith Lerner, CIO & Chief Market Strategist at Truist, joins Bloomberg's Vonnie Quinn on "Bloomberg Brief" to discuss market expectations beyond the recent jitters amid a historic earnings season. (Source: Bloomberg)

US retail giant receives $1bn boost from tariff refunds

BBC

US retail giant receives $1bn boost from tariff refunds

The US chain said it received a $994 million pre-tax reimbursement, which resulted in its second quarter operating income rising to $2.6bn.

BBC

SDC Capital Is Said to Consider $1 Billion Singapore REIT IPO

US digital infrastructure firm SDC Capital Partners is planning a real estate investment trust listing in Singapore that could raise about $1 billion, according to people familiar with the matter.

Target’s Turnaround Is Finally Working: Telsey Analyst

Target’s turnaround may finally be working. Telsey Advisory Group Senior Managing Director and Assistant Director of Research Joseph Feldman joined Bloomberg Open Interest to break down why stronger traffic, sharper merchandising and a…

US 10-Year Treasury Yield Will Top 5% This Year: Markets Pulse

The recent selloff in US bonds that’s sent 30-year yields to multi-decade highs is poised to set another milestone, with the majority of respondents to the latest Markets Pulse survey predicting the 10-year benchmark will soon exceed 5%.

Russia’s key task is transition to sustainable economic development model — Novak

Russia’s key task is transition to sustainable economic development model — Novak

According to the Russian deputy prime minister, this is precisely what the structural transformation plan is aimed at

Berkshire Hathaway bet big on the U.S. housing market. You probably shouldn’t follow suit.

MarketWatch