Jon Macaskill


Powell stays calm - and alarms global markets

Powell stays calm - and alarms global markets

(ATF) Federal Reserve chairman Jerome Powell took a calm approach to recent Treasury volatility on Thursday March 4, prompting another spike in bond yields and selling of tech stocks.The benchmark 10-year US Treasury yield rose to close Thursday at 1.56% – close to the 1.61% level hit during a wave …

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Renewed Treasury spike puts spotlight on Powell

Renewed Treasury spike puts spotlight on Powell

(ATF) Federal Reserve chairman Jerome Powell will speak on Thursday after Treasury yields drove up again on Wednesday March 3, pushing the Nasdaq down almost 3% and renewing the global investor debate about relative value across asset classes.The benchmark 10-year US Treasury yield pushed out to almost 1.5% - well …

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SEC nominee Gensler vows GameStop review as Rocket shares soar

SEC nominee Gensler vows GameStop review as Rocket shares soar

(ATF) Gary Gensler, Biden’s nominee to lead the Securities and Exchange Commission (SEC), said at his Senate confirmation hearing on Tuesday March 2 that he would look into whether retail investors get the best prices when brokers are paid for their order flow.Gensler also said the SEC would explore issues …

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Nio shares dip despite forecast rise of 18% in Q1 EV sales

Nio shares dip despite 18% Q1 sales forecast rise

(ATF) Chinese electric vehicle (EV) maker Nio reported fourth quarter results that missed profit expectations after the US close on Monday March 1 and its shares dipped over 5% despite a backdrop of a sharp recovery in most US equities and its own forecast of a +18% rise in Q1 …

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Crunch week looms for yields and relative US/China value

Crunch week looms for yields and relative US/China value

(ATF) A spike in US Treasury yields is causing investors to reassess their global risk exposure. Warren Buffett warned this weekend that “bonds are not the place to be”, but Chinese corporate debt offers a big enough spread pick-up to provide comfort about returns.A wave of Treasury selling that took …

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Coinbase listing filing pulls back the veil on bitcoin trading

Coinbase listing details pull back the veil on bitcoin trading

(ATF) Coinbase, the biggest US cryptocurrency exchange, filed to go public via a listing on Nasdaq on Thursday February 25. The exchange made a profit last year and might be able to list at a value close to $100 billion - especially if the recent surge in the value of …

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Treasury yield surge hits technology stocks, Asian shares set to follow

Treasury yield surge hits technology stocks, Asian shares set to follow

(ATF) The benchmark 10-year US Treasury yield drove above 1.6% to hit its highest level in over a year on Thursday February 25, causing technology stocks to lead a downward shift for equities, with the Nasdaq 100 falling 3.5% and the S&P 500 down 2.5%. Asian stocks are set to …

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