High Interest Rates are Getting More Challenging for Even the Biggest Banks
A key revenue source for three giant banks fell the first three months of the year, showing even the biggest financial institutions are struggling.
A key revenue source for three giant banks fell the first three months of the year, showing even the biggest financial institutions are struggling.
The percentage of companies that have defaulted on their debt more than once has reached its second highest level since 2008.
As U.S. banking giants report slightly lower first-quarter profits, investors will focus on income executives expect from interest payments this year.
Bond traders are readying for 10-yr US Treasury yields surpassing 5% as the scenario of no rate cuts by the Federal Reserve this year looks possible.
Early predictions of multiple interest rate reductions are transitioning to a scenario where cuts in 2024 are becoming increasingly unlikely.
The US economy is so strong that even the most bullish Wall Street strategist is underestimating stock returns this year.
Global investors are braced for a key March inflation report that is expected to either challenge or support the Fed's interest-rate-cut projections.