A calmer trading session does not immediately remove the risk of higher financing costs.
UK government bonds recovered some ground on September 3, with the 10-year yield falling to about 5.13%, according to The Guardian’s market coverage. Central-bank officials nevertheless offered differing signals on the outlook for rates.
Recent volatility in bond and swap markets continued to raise concerns about mortgage pricing.
This is an original summary, not a republication of the full report.
Read the original at The Guardian ↗
Rivian says it is on schedule to unlock a $250 million Uber investment tranche as production of its R2 compact SUV expands.
Amazon reported its fastest AWS growth in nearly five years while heavy AI investment pushed trailing free cash flow to a $42.4 billion loss.
Salesforce will acquire Rune Technologies to expand Missionforce, its business serving US military and government customers.