Treasuries Hold Day’s Losses as US Auction Met With Tepid Demand
US government debt remained lower on the day as the Treasury’s sale of 10-year notes was met with tepid demand.
US government debt remained lower on the day as the Treasury’s sale of 10-year notes was met with tepid demand.
Hasbro Inc. launched a $500 million bond deal Wednesday, raising debt for the first time in nearly five years and joining a wave of blue-chip companies storming the US investment-grade market in the busiest week of the year.
Mauritania is seeking a developer for its BirAllah offshore natural gas discovery after a license held by BP Plc and Kosmos Energy Ltd. expired.
Peru’s Energy and Mines Minister is hopeful Newmont Corp. can soon commit to a $2.5 billion mine expansion that the US-based company had shelved until at least 2025.
Arm Holdings Plc is the most expensive stock among artificial intelligence hardware makers, despite trading nearly 30% below its peak. Wednesday’s earnings will need to offer bullish signals to justify that valuation.
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