US Bonds Stall After Best Run for 10-Year Treasuries in Months
A rally in Treasuries that’s delivered the longest streak of gains for benchmark 10-year debt since August paused on Wednesday ahead of another chunky auction of securities.
A rally in Treasuries that’s delivered the longest streak of gains for benchmark 10-year debt since August paused on Wednesday ahead of another chunky auction of securities.
Air Baltic Corp AS had to offer Europe’s highest coupon bonds so far this year to pull off a last-minute refinancing deal, even with Latvia’s government stepping up to buy a chunk of the debt.
BRF SA, one of the world’s largest chicken suppliers, surged to the highest since 2022 as lower costs and higher prices led to better-than-expected quarterly profits.
Chile’s consumer prices rose more than forecast last month, underscoring the central bank’s caution over further interest rate cuts after it spearheaded reductions in Latin American over the past year.
Citrix Systems parent Cloud Software Group is tapping US debt markets for the third time in under six months as it looks to repay more expensive obligations, the latest in a flood of risky borrowers taking advantage of benign credit conditions to raise cash.
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