Powell's speech support U.S. rate-cut bets
U.S. interest rates futures rose on Friday as Federal Reserve Chair Jerome Powell said the central bank will do what it can to preserve the longest U.S. economic expansion on record, supporting bets on a further decline in key borrowing costs.
U.S. rates futures gain on China's tariff, Fed's Bullard
U.S. interest rates futures rose on Friday, erasing their earlier losses after China announced retaliatory tariffs on about $75 billion of U.S. imports, rekindling bets the trade war between the world's biggest economies would not end soon.
Guggenheim's Scott Minerd warns world bond markets are in a 'bubble'
The bond market is in a "bubble," particularly sovereign debt, Guggenheim Partners global chief investment officer Scott Minerd warned on Thursday, and he said that efforts by the Federal Reserve to head off a recession by cutting interest rates will ultimately prove futile.
Sovereign investors' dislike for equities mostly fades in second quarter
Sovereign wealth funds' distaste for equities mostly faded in the second quarter, with some investors turning to emerging- market passive equity funds, data from the research firm eVestment showed on Thursday.
U.S. money fund assets hit highest since October 2009: iMoneyNet
U.S. money market funds amassed their highest level of assets since October 2009 as investors shift cash into low-risk products amid worries about a global economic slowdown and trade tensions, a private report released on Wednesday showed.
DoubleLine's Jeffrey Gundlach says Federal Reserve has lost control
The Federal Reserve has lost control of interest rates as evidenced by the federal funds rate trading higher than any part of the U.S. Treasury yield curve, Jeffrey Gundlach, the chief executive of DoubleLine Capital, said on Tuesday.
Hedge fund manager Kyle Bass sees 'shallow recession' potentially in 2020: CNBC
Hedge fund manager Kyle Bass told CNBC on Tuesday that he sees a "shallow recession" potentially in 2020, also adding that he thinks U.S. interest rates will follow the global interest rates all the way down to zero.
Saving the world is on Sue Desmond-Hellmann's to-do list
(This version of the July 10th story corrects Desmond-Hellmann's title to chief executive from president in second paragraph)