Spread between 2- and 10-year Treasuries at deepest inversion since ’81
By David Randall (Reuters) – A widely watched section of the U.S. Treasury yield curve hit its deepest inversion on…
Business
Tesla beats second-quarter delivery estimates as price cuts pay off
(Reuters) -Tesla Inc on Sunday said it delivered a record number of vehicles in the second quarter, topping market estimates…
Mozambique ‘tuna bond’ case against Credit Suisse can proceed, UK judge rules
By Kirstin Ridley LONDON (Reuters) -Mozambique’s blockbuster lawsuit against Credit Suisse and others over the $2 billion “tuna bond” scandal…
US construction spending beats expectations in May on housing
WASHINGTON (Reuters) – U.S. construction spending increased more than expected in May as a severe shortage of houses for sale…
Brazil economists foresee deeper monetary easing, lower inflation
BRASILIA/SAO PAULO (Reuters) – Private economists in Brazil anticipate deeper monetary easing this year and improved inflation prospects until 2026…
U.S. property catastrophe reinsurance rates rise up to 50% on July 1-report
LONDON (Reuters) – U.S. property catastrophe reinsurance rates rose by as much as 50% at a key July 1 renewal…
Blackstone REIT says redemption requests declined in June
(Reuters) – Blackstone Real Estate Income Trust (BREIT) said on Monday that redemption requests declined in June after months of…
Don’t assume rates and inflation will settle back down – BoE’s Greene
LONDON (Reuters) – Megan Greene, who is due to join the Bank of England’s Monetary Policy Committee this week, said…
Chile’s economic activity index down 2% in May
SANTIAGO (Reuters) – Chile’s economic activity index fell for the fourth consecutive month in May, the central bank said on…
UBS goes on hiring spree for wealth managers catering to rich Americans
By Tatiana Bautzer NEW YORK (Reuters) -UBS has gone on a U.S. recruiting drive for wealth managers catering to rich…