US Treasury Secretary Scott Bessent is intensifying efforts to reduce long-term borrowing costs by doubling buybacks of longer-dated debt from $2 billion to $4 billion per operation starting September 9. This strategy, known as the "Treasury twist," aims to push down yields by swapping long-term bonds for short-term debt. However, despite these efforts, yields on 10- and 30-year Treasuries remain high due to market concerns over the US's $40 trillion national debt and large structural deficits. The move highlights ongoing challenges in managing borrowing costs amid fiscal sustainability worries, with broader impacts on mortgage and loan rates.
MaxLinear offers a compelling Buy opportunity following a significant valuation correction, with fundamentals remaining strong. The company shows robust revenue growth of about 55% year-over-year, driven largely by a 145% increase in its infrastructu...
The Federal Reserve's recent shift away from signaling future rate moves has increased near-term market uncertainty while promoting long-term market independence. Persistent inflation and expectations of 'higher for longer' interest rates have pushed...
Nine Mile Metals Ltd. has reported promising drill results from its Wedge Project in New Brunswick's Bathurst Mining Camp, where a 10,000-metre drilling program is underway. The company is exploring beneath and around a historical copper-lead-zinc mi...
Ripple has appointed Joseph Thompson, a senior treasury executive from the London Metal Exchange, to its Trading and Markets team as it expands into institutional trading, tokenization, and corporate finance. This hire brings expertise from a major c...
Affirm's growth strategy includes expanding offline retail via Affirm Card, new professional services, elective medical verticals, and international expansion, driving merchant growth and transaction frequency. Despite strong free cash flow, a health...
