At around 2:15 a.m. ET, the yield on the benchmark 10-year Treasury note was lower at 0.6693% and the yield on the 30-year Treasury bond was down at 1.4253%. Yields move inversely to prices. Market focus was largely attuned to heightened expectations of an economic recovery in China, following speculation the world’s second-largest economy was
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A statue of a horse stands at the entrance to a P.F. Chang’s restaurant in Schaumburg, Illinois. Scott Olson | Getty Images Large restaurant chains once again received millions in loans from the Paycheck Protection Program, according to data released Monday by the Small Business Administration. Businesses in the accommodation and food services sector received more
U.S. government debt prices were lower on Monday morning, as surging coronavirus cases delayed reopenings across the world’s largest economy. At around 2:10 a.m. ET, the yield on the benchmark 10-year Treasury note was higher at 0.6956% and the yield on the 30-year Treasury bond was up at 1.4624%. Yields move inversely to prices. In a
Healthcare workers move a patient in the Covid-19 Unit at United Memorial Medical Center in Houston, Texas Thursday, July 2, 2020. MARK FELIX Hospitals in Houston, Texas are on track to be overwhelmed in approximately two weeks as coronavirus cases mount, Mayor Sylvester Turner said on Sunday. “The number of people who are getting sick
People stand in queue to enter a restaurant on Ocean Drive in Miami Beach, Florida on June 26, 2020. Chandan Khanna | AFP | Getty Images Florida on Saturday reported at least 11,445 new coronavirus cases, the state’s largest number of daily cases so far, according to figures released by the Florida Department of Health.
This photograph taken on July 3, 2020, shows a sign of the World Health Organization (WHO) at their headquarters in Geneva, amidst the COVID-19 outbreak, caused by the novel coronavirus. FABRICE COFFRINI The World Health Organization announced Saturday that it has discontinued trials of the combination HIV drugs lopinavir and ritonavir as a combined treatment
Donald Trump Jr. looks on as Kimberly Guilfoyle speaks during a ‘Make America Great Again’ campaign rally at Williamsport Regional Airport, May 20, 2019 in Montoursville, Pennsylvania. Drew Angerer | Getty Images Kimberly Guilfoyle, a senior Trump campaign official and Donald Trump Jr.’s girlfriend, tested positive for coronavirus while in South Dakota on Friday, according
Active management is back in action. J.P. Morgan Asset Management recently launched two new actively managed stock-based exchange-traded funds, a sign that issuers are looking to profit from more out-of-the-box strategies as the market grapples with unprecedented volatility. Launched on May 21, the JPMorgan Equity Premium Income ETF (JEPI) and JPMorgan International Growth ETF (JIG) represent ways of “delivering
A Washington Redskins helmet is seen on the field before the game between the Washington Redskins and the Philadelphia Eagles at FedExField on December 15, 2019 in Landover, Maryland. Scott Taetsch | Getty Images FedEx has asked the Washington Redskins to change its team name, which many people consider a racial slur against Native Americans.
Medical workers treat a coronavirus disease (COVID-19) patient at the United Memorial Medical Center’s coronavirus disease (COVID-19) intensive care unit in Houston, Texas, U.S., June 29, 2020. Callaghan O’Hare | Reuters Texas Gov. Greg Abbott issued an executive order Thursday requiring residents across the state to wear a face-covering in public spaces in counties with 20
U.S. government debt prices were modestly higher Thursday as investors awaited critical employment data which could signal the pace of a potential economic recovery, while coronavirus cases continue to surge across the country. At around 2:05 a.m. ET, the yield on the benchmark 10-year Treasury note was lower at 0.6742% and the yield on the 30-year Treasury bond was down slightly
Boeing’s KC-46 tanker for the U.S. Air Force. Boeing WASHINGTON — The nation’s highest-ranking Air Force officer praised Boeing CEO Dave Calhoun for quickly working with the Department of Defense to fix the KC-46 aerial refueling tanker, which the defense contractor promised would be the backbone of U.S. airpower. “I’m far more confident today in
U.S. government debt prices were lower Wednesday morning to begin the third quarter, as investors awaited key manufacturing and employment data and monitored measures to combat the coronavirus pandemic. At around 4:10 a.m. ET, the yield on the benchmark 10-year Treasury note was higher at 0.6824% and the yield on the 30-year Treasury bond climbed to 1.4437%. Yields move inversely
Facebook co-founder, Chairman and CEO Mark Zuckerberg testifies before the House Energy and Commerce Committee in the Rayburn House Office Building on Capitol Hill April 11, 2018 in Washington, DC. Yasin Ozturk | Anadolu Agency | Getty Images Facebook on Tuesday announced it had removed a network of accounts, groups and pages associated with the
U.S. government debt prices were higher Tuesday morning after Federal Reserve Chairman Jerome Powell emphasized the prolonged uncertainty facing the U.S. economy, as coronavirus cases soar in numerous states. At around 2:05 a.m. ET, the yield on the benchmark 10-year Treasury note was lower at 0.6283% and the yield on the 30-year Treasury bond was down at 1.3780%. Yields move
Federal Reserve Chair Jerome Powell holds a news conference following the Federal Reserve’s two-day Federal Open Market Committee Meeting in Washington, July 31, 2019. Sarah Silbiger | Reuters Federal Reserve Chairman Jerome Powell said big questions remain over the outlook for the economy, particularly in light of ongoing efforts to contain the coronavirus pandemic. In
U.S. government debt prices were lower Monday morning as risk-on sentiment sought a rebound, after record new coronavirus cases tempered optimism over an imminent economic recovery. At around 2:45 a.m. ET, the yield on the benchmark 10-year Treasury note was higher at 0.6512% and the yield on the 30-year Treasury bond rose to 1.3845%. Yields move inversely to prices. The
Secretary of Health and Human Services, Alex Azar wears a face mask while attending a press briefing about coronavirus testing in the Rose Garden of the White House on May 11, 2020 in Washington, DC. Drew Angerer | Getty Images Health and Human Services Secretary Alex Azar warned Sunday that time was running out for the