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The Dow closed lower by 817 points, or 1.91%. The broader S&P 500 slid 1.61% and the tech-heavy Nasdaq Composite fell 1.41%.
Bond "vigilantes" appear to be circling the globe, sending yields on government debt higher, partly on concerns about worsening fiscal situations.
(Reuters) -The U.S. Treasury Department saw soft demand for a $16 billion sale of 20-year bonds on Wednesday with investors ...
The Treasury sold $16 billion worth of 20-year bonds, and the auction settled with a 20-year Treasury yield above 5%, ...
The U.S. dollar fell for a third day against a range of currencies on Wednesday, as investors worried about the Trump ...
The dollar fell for a third day against a range of currencies on Wednesday, after U.S. President Donald Trump failed to ...
Moody’s decision to downgrade the US’s credit rating is a slap on the wrist. In the past, the US might have dismissed it, but ...
The ringgit ended higher yesterday as concerns over the fiscal health of the United States continued to weigh on the ...
A gauge of the dollar fell to its lowest mark in a month as traders awaited a Group-of-Seven meeting this week for any signs that the Trump administration is seeking a weaker US currency.
The U.S. dollar has had a rough year. Long a key pillar of the global financial system, its status has come into question ...
Bitcoin’s surge capped a five-week rally fueled by institutional inflows, dollar weakness and optimism around regulatory clarity. The token is up more than 20% over that span. “Price action in Bitcoin ...
The bond market may have brushed off Moody's US credit downgrade, but it's still showing growing unease over the country's deepening fiscal crisis.
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