Most JGBs Fall on Prospect of BOJ Policy Tightening
Most JGBs fell in the early Tokyo session on the prospect of Bank of Japan policy tightening via a reduction in its JGB purchases and a rate hike at its end-July meeting.
Most JGBs fell in the early Tokyo session on the prospect of Bank of Japan policy tightening via a reduction in its JGB purchases and a rate hike at its end-July meeting.
JD Vance, rather than J.D. with the periods, is the politician’s preference. That and more in the WSJ’s latest stylebook bulletin.
Gold was steady in the early Asian session, supported by prospects of Fed rate cuts that would enhance the appeal of the non-interest-bearing precious metal.
YesCare and its backers reached a $75 million settlement of hundreds of personal-injury lawsuits, paving the way to resolve a bankruptcy filed to manage the prison healthcare provider’s legal liabilities.
Two top Federal Reserve officials suggested an interest-rate cut could be warranted in the coming months—though not at the central bank’s meeting in two weeks—if a recent inflation slowdown continues. Together with signs that U.S. labor-market conditions are cooling gradually, the last three months of inflation data are “getting us closer to a disinflationary trend that we’re looking for,” said New York Fed President John Williams in an interview Tuesday.
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Democratic leaders delayed a procedural vote to seal President Biden’s nomination before the August convention.
Australia’s S&P/ASX 200 is set to slip at the open, pulling back from a record following falls by heavyweight U.S. tech stocks.
The Ohio senator is set to headline the third night of the Republican National Convention. Former Trump adviser Peter Navarro and Rep. Matt Gaetz of Florida will also speak.
House and Senate lawmakers are told the shooter scouted the Pennsylvania site in advance as part of a briefing by authorities.
The election is his to lose. Can he govern better if he wins?
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The Yale-educated wife of Trump’s vice presidential running mate is the daughter of immigrants who climbed in elite legal circles.
The move follows a similar retreat by Tractor Supply as more companies face criticism over DEI.
The GOP presidential nominee signals that he might not defend the island.
Police crack down on crime in the troubled Kensington area.
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