The social media stock is a falling knife and should be avoided, especially after warning that it expects zero revenue growth ahead. Read More...
Reuters
Analysis-As U.S. Treasuries tumble, some investors say turning point is near
Some investors believe Treasury yields are close to peaking, even as markets continue pricing in more hawkishness from a Federal Reserve bent on taming the worst inflation in decades. It’s a refrain that has been heard more than once in 2022, as a steep selloff in Treasuries steamrolls investors who bet markets would soon reverse, while battering stocks and fueling the dollar’s climb. The tumble in bonds has intensified in recent days, as U.S. Treasury yields – which move inversely to prices – hit their highest levels since the 2008 global financial crisis on concerns that the Fed would need to raise rates more aggressively to bring down consumer prices.
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