Stock Markets Fall, Treasurys Rally

Stock Markets Fall, Treasurys Rally bloombergsubscription

Futures on WTI, the U.S. oil benchmark, dropped more than $3.72 per barrel, or 5.22%, to $67.61 today in Stock Markets. Investors piled into government bonds, pulling the yield on benchmark 10-year Treasurys down as low as 3.391%, from 3.633% Tuesday, before it rebounded to 3.485%. The yield on the two-year note, a bellwether for […]

Barrons News | Homebuilders could suffer due to Banks Flounder

Barrons News Homebuilders could suffer due to Banks Flounder bloombergsubscription

Barrons News has shared what Alicia Huey, the trade group’s chairman, said in a statement “Even as builders continue to deal with stubbornly high construction costs and material supply chain disruptions, they continue to report strong pent-up demand as buyers are waiting for interest rates to drop and turning more to the new home market […]

WSJ Renewal | Texas Removes Houston Schools’ Leadership

WSJ Renewal Texas Removes Houston Schools’ Leadership bloombergsubscription

WSJ Renewal speaks about the tension between the district and state officials dating back to late 2019 when TEA raised concerns over a high school with persistent issues and misbehavior by some Houston school board members. A lawsuit brought by the district halted TEA’s takeover plans at that time, but a ruling this year cleared […]

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