Local Featured
- GuruFocus.com
Oppenheimer Holdings Inc. Reports Substantial Earnings Growth in Q1 2024
Net Income Surges by 78.2% Amid Strong Investment Banking and Wealth Management Performance
- Reuters
US Treasury 10-year term premium turns positive
The U.S. Treasury 10-year term premium, a measure of the compensation investors demand for holding long-term government bonds, has moved back into positive territory this week as yields touched fresh highs on inflation concerns. Term premiums, which can hurt assets such as stocks when they rise, have been suppressed for about a decade amid low interest rates that followed the 2007-2009 global financial crisis and the COVID-19 pandemic. They turned positive last year as widening fiscal deficits and higher government bond issuance helped lift long-term Treasury yields, which move inversely to prices.
- Reuters
EMERGING MARKETS-Latam stocks, FX track global markets higher, head for weekly gains
* Brazil's inflation slows to 0.21% in mid-April vs est 0.29% * Brazil's cenbank chief points to US interest rates as major beacon * S&P Global Ratings cuts Peru's rating * Latin American stocks jump 1.5%, FX adds 0.8% By Bansari Mayur Kamdar April 26 (Reuters) - Currencies and stocks in Latin America rose on Friday, setting both indexes on track for weekly gains, tracking upbeat risk sentiment globally as Wall Street rallied on robust earnings reports. The MSCI index for Latin American currencies gained 0.8% and was on track to end the turbulent week 1.4% higher following steep losses earlier in the month when investors walked away from riskier assets due to uncertainties from heightened tensions in the Middle East.
