U.S. government debt prices were hovering around the flatline Thursday, as traders await a speech by Federal Reserve Chairman Jerome Powell. At around 2 a.m. ET, the yield on the benchmark 10-year Treasury note fell slightly to 0.6851%, whereas the yield on the 30-year Treasury bond slipped to 1.4051%. Yields move inversely to prices. Jerome Powell is due to address
0 Comments
Electric Lit relies on contributions from our readers to help make literature more exciting, relevant, and inclusive. Please support our work by becoming a member today, or making a one-time donation here. . Janet, the acerbic narrator of Lucie Britsch’s debut novel Sad Janet, is a resister. She’s sad—has been for most of her life—and
0 Comments
Hurricane Laura, now a Category 4 storm, is barreling towards the coasts of Louisiana and Texas with winds of 140 miles per hour and the threat of an “unsurvivable” storm surge with large and destructive waves that “will cause catastrophic damage,” according to the National Hurricane Center.  Laura’s storm surge could reach as high as 15 to
0 Comments