Prices

Bonds flash recession warning light as key part of the yield curve inverts again

The bond market is flashing a warning that the economy may be falling or already has fallen into recession, according to one closely watched measure. Market pros watch the spread on the Treasury yield curve, or the difference between the longer duration Treasury yields and shorter duration yields. Normally, longer duration yields, like the yield …

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Electricity bills rise due to fuel price increases – The Royal Gazette

Updated: Jul 05, 2022 09:40 AM Belco has imposed price increases (File photograph) Electricity bills are set to rise after Belco was given permission to increase its charges. The Regulatory Authority has approved a rise in the Fuel Adjustment Rate of about 6.5 per cent, although not all bills will go up by the same …

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Treasury yields tick higher as recession fears rattle market

US Treasury yields rose slightly on Tuesday as concerns about a potential economic recession continued to send investors in search of safety. At around 7:00 am ET, the yield on the benchmark 10-year Treasury note rose less than one basis point to 2.911%, while the yield on the 30-year Treasury bond rose marginally to 3.135%. …

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Hiking interest rates the wrong solution to inflation problem: Analyst

Raising interest rates to tame demand — and therefore inflation — is not the right solution, as high prices have been driven mainly by supply chain shocks, one analyst said. Global manufacturers and suppliers have been unable to produce and deliver goods to consumers efficiencies during the Covid lockdowns. And more recently, imposed sanctions on …

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US, UK, Europe, Japan will be in recession over next 12 months: Nomura

Thomas Calomiris, a third generation producing vendor, weighs an onion at Eastern Market as the US struggles with rising inflation May 20, 2022, in Washington, DC. Brendan Smialowski | AFP | Getty Images Many of the world’s leading outbreak will fall into a recession within the next 12 months as central banks move to aggressively …

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Buying a new car in 2022: Here’s how to save money in an inflated market

Inflation is hitting everyone hard, especially people in the market for a new car. These are some tips to try to help car shoppers save money. Like everything else these days, car prices are skyrocketing. The average price for a new car last month was just over $47,000, the second highest ever. That’s up more …

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Euro zone inflation 8.6% in June, ECB to hike rates for first time in 11 years

The ECB has announced it will be hiking rates in July and September to counter record inflation. Daniel Roland | Afp | Getty Images Euro zone inflation reached a new record high in June just ahead of the European Central Bank’s first rate increase in 11 years. Headline inflation came in at 8.6% (year-on-year) for …

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