Bloomberg It’s been 18 months since the Federal Reserve’s first post-crisis increase in interest rates. Four hikes in, investors in the $14 trillion Treasuries market are laughing all the way to the bank. The 10-year yield ended last week at 2.15 percent, after touching the lowest levels of 2017 as weaker-than-forecast inflation data stoked speculation that the Fed was erring ...

Bloomberg Fears that a selloff in technology stocks would spur a deeper rift in equities were assuaged as the S&P 500 Index ended the week little changed, despite continued weakness in some of market’s biggest winners. The Nasdaq 100 fell 1.1 percent, bringing its two-week drop to 3.4 percent, the worst slide of that length since November. The culprit was ...

Bloomberg Zhou Xiaochuan is breaking stride with Janet Yellen. The People’s Bank of China (PBOC) Governor refrained from following the Federal Reserve in raising borrowing costs, a switch from March when the central bank increased money-market costs hours after its US counterpart tightened. The shift suggests Zhou sees more autonomy to address domestic challenges, with the yuan holding stable and ...