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Government proposes peso debt swap that may top US$71 billion

Argentine President Javier Milei is proposing a local debt swap that could top US$71 billion, aiming to stabilise the country’s finances by pushing off...

Stocks Rally After December U.S. Jobs Report Released

Morning Markets The S&P 500 Index ( $SPX ) ( SPY ) is up +0.25%, the Dow Jones Industrials Index ( $DOWI )...

Janet Yellen Says US Has Achieved a Soft Landing After December Jobs Report

Treasury Secretary Janet Yellen declared Friday the US economy had achieved a long-sought soft landing, a historically unusual event in which high inflation is...

Bond Traders Are Resolute on 2024 Fed Cuts as Data Whips Yields

(Bloomberg) -- Treasury traders are standing firm behind wagers that the Federal Reserve will cut interest rates sharply in 2024, even as a bunch...

7 of the Best Fidelity Bond Funds to Buy for Steady Income

Conventional investing wisdom often frames buying bonds as a straightforward means of achieving both safety and income. At first glance it seems relatively simple:...

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