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'High-water mark' comment from Caterpillar executive ripples through US stock market The Dow Jones industrial average slipped more than 2 percent — 550 points — at its low in trading Tuesday as a key U.S. government bond yield hit 3 percent for the first time in more than four years and in reaction to a seemingly innocuous comment from a Caterpillar executive. Traders have been ...
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Why the US Bond Milestone Will Ripple Across Global Markets In globally connected markets, what U.S. consumers and businesses pay for their mortgages and loans can affect financial assets from Beijing to Buenos Aires. The yield on the 10-year U.S. Treasury reached 3% Tuesday for the first time since the beginning of 2014, a long-awaited landmark in the move ...
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How are Financial Markets Changing? Will People use cryptocurrency over solutions like PayPal? In a time when cryptocurrency didn't exist yet, PayPal was the most popular payment service provider for businesses and individuals all over the world. Used historically in conjunction with eBay…
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