Korean and Japanese stocks sink as U.S. 10-year Treasury yield notches 16-year high
Asia-Pacific markets fall, with Korean and Japanese stocks posting a more than 2% drop after the U.S. 10-year Treasury yield hit its highest in 16 years.
Bill Gross says the surging 10-year Treasury yield could test 5% in the short term
One-time bond king Bill Gross believes Treasury yields have the potential to shoot even higher in the short run.
Japan’s property sector sees ‘golden period’ as foreign investments surge 45%
Foreign investments into Japan’s real estate sector have been burgeoning in the past year, buoyed by a weak Japanese yen.
‘Fertile ground’: Goldman names stocks to tap a $6 trillion renewables market, gives one 58% upside
The share of electrification as an energy source is set to rise, and it’s time to revisit some major clean energy stocks, the investment bank says.
How to cash in on India: Citi says this sector is a better bet than tech — and names its top stock picks
The Wall Street bank expects shares of one of its “top picks” to rise by 26% over the next 12 months.
Is it time to buy Tesla? Two investors present the bull and bear case
Tesla’s stock fundamentals are “completely disconnected from reality,” according to one investor, while another insists its “business is intact.”
CNBC Daily Open: Something else is breaking in markets
The narrative of low interest rates in the long term — one that’s become familiar after the 2008 Great Financial Crisis — is falling apart.
Dow adds 100 points to snap 3-day losing streak as Treasury yields ease from 16-year highs: Live updates
Stocks rose Wednesday as Treasury yields pulled back from multiyear highs following the release of much weaker-than-expected jobs data.
Bus crash near Italian city of Venice kills at least 21 people, including Ukrainian tourists
A bus carrying foreign tourists including Ukrainians crashed near the Italian city of Venice when it fell from an elevated street Tuesday, killing at least 21 people and injuring 18 others, authorities said.
Expect a ‘violent’ rally before the end of the year, Fundstrat’s Tom Lee says
Fundstrat managing partner and head of research Tom Lee is sticking with a bullish forecast on the S&P 500 before the end of the year.
