High interest rates are not keeping investors away from high-yield bonds, also known as junk bonds.
Tag: inflation
Post
EUROZONE COMMISSION FORECASTS 2.5 PERCENT INFLATION THIS YEAR
Inflation across the 20 countries that share the euro currency will fall to 2.5 percent, averaged throughout the year, the European Commission (EC) has projected.
Post
HOSPITAL COSTS HELP KEEP INFLATION STRONG
The prices U.S. hospitals charge for care ballooned at an annual rate of 7.7 percent in April, the sharpest increase since October 2010, the Labor Department reported.
Post
U.S. SMALL BUSINESSES FEEL MORE CONFIDENT ABOUT THE FUTURE
In April, U.S. small business owners expressed more confidence in the future than they did in March, according to the National Federation of Independent Business’s monthly survey.
Post
SWEDEN’S CENTRAL BANK MAKES FIRST RATE CUT IN EIGHT YEARS
Sweden’s Riksbank shaved a quarter of a percentage point from its key interest rate last week, dropping the rate to 3.75 percent.
Post
AMERICAN CONSUMERS ARE SINGING THE BLUES
U.S. consumers hold their gloomiest outlook in six months on the American economy, according to the University of Michigan’s monthly survey of consumer sentiment.
Post
BUSINESS BANKRUPTCIES SOAR IN CANADA
In this year’s first quarter, Canada’s business bankruptcies shot up 87.2 percent, year on year, to 1,599, according to data from the government’s Office of the Superintendent of Bankruptcy. Household bankruptcies rose 14 percent.
Post
POWELL: RATE CUT THIS YEAR A GUESSING GAME
At a 30 April press briefing, U.S. Federal Reserve chair Jerome Powell indicated a belief that inflation will continue to ebb this year, allowing the central bank to pare back its interest rates.
Post
U.S. SERVICE SECTOR CONTRACTS IN APRIL
The Institute for Supply Management’s (ISM’s) April Purchasing Managers Index (PMI) for the U.S. services sector dropped from expansion into contraction, falling from 51.4 in March to 49.4 last month.
Post
U.S. PRODUCTIVITY NOT SHINING BRIGHT
U.S. workers’ productivity in this year’s first quarter grew by a scant 0.3 percent, compared to 3.5 percent in the quarter before.