The latest inflation-adjusted rate of 3.38% annualized was determined based on the increase in the CPI-U from 296.808 in September 2022 to 301.836 in March 2023, resulting in a six-month change of 1.69%. The Treasury’s formula to calculate an I bond’s overall compos...
On October 20, Junfa Group Co. Ltd. held a debt restructuring coordination meeting and has received interest from nine financial institutions to participate in the restructuring. Back in July 2022, Junfa Group was unable to pay interest of $13.04 million on its bonds, resulting in a default. ...
The Short-term Weighted Average Call Rate (WACR) stood at 6.75% as of September 29, 2023, compared to 5.52% on September 30, 2022, due to pressure on short-term rates. October 10, 2023 15:09 Stock watch: Suzlon stock falls by 4.52% on the NSE, trading at ₹26.40 October...
On top of seasonal trends, analyst Michael Welch also noted the Federal Reserve's rate cutting cycle and recent all-time highs in both the S&P 500 andS&P 500 Equal Weight Indexprovide reason for optimism. "We continue to believe now is not the time to fight the Fed or the tape, but it...
“The September jobs report showed broad-based strength in the labor market. If this momentum continues, the Fed is likely to follow its dot plot as a guide for future rate cuts,” Sanders said. “However, the bond market remains ahead of the Fed, and this report raises further doubts ab...
It starred Sean Connery's younger brother Neil in an attempt to capitalize on the 007 craze. The bizarre film did boast some first-rate talent including an assortment of alumni from the "real" Bond movies including Daniela Bianchi, Adolfo Celi, Anthony Dawson, Lois Maxwell and Bernard Lee (...
PBOC governor Yi Gang said yesterday. Yi vowed the central bank will continue with prudent monetary policy to keep the value of the yuan stable, as well as step up credit support for the economy. Yi also said the PBOC will keep lower mortgage rate for homebuyers, and make 200 billion yuan...
glass and ceramics. The comprehensive energy cost will be reduced by over 3 precent in cement clinker production units.During 2026 to 2030, key low carbon emissions technologies should be introduced to assist the industry, while the replacement rate for fossil fuels should be raised, in order to...
Right now, the best CD rates are over 5.00%, which is much higher than what CD rates were just two years ago. Buying a CD now is a good idea since you'll be able to earn a higher interest rate than you might be able to earn in a year from now. Right now, you're guaranteed ...
I Bond: U.S. TreasuryI bondsare another option. However, their fixed rate is only known for six months at a time, with the rate being adjusted twice a year based on the current inflation rate (hence the name I bonds). Like a CD, I bonds have an early withdrawal penalty, but it's...