WARSAW — Poland faced a period of political uncertainty Monday after Poles voted in huge numbers in an election in which opposition parties appeared to gain a combined majority. But the ruling nationalist conservative party won more votes than any single party and said it would try to keep governing. The final results have not … Read more
The 10-year Treasury yield, which serves as a benchmark for mortgage rates and as an investor confidence barometer, on Tuesday surged to its highest level since 2007. The 10-year Treasury yield was last up about 8 basis points to 4.758%. The 30-year Treasury yield rose as high 4.874%, also the highest since 2007. The 2-year … Read more
A pedestrian walks past the Bank of Japan (BoJ) building in central Tokyo on July 28, 2023. Richard A. Brooks | Afp | Getty Images The Bank of Japan announced it’s increasing its bond purchases at Wednesday’s auction, as a spike in government bond yields tests its resolve to defend its yield curve control policy. … Read more