The Federal Reserve “has not yet seen any concrete evidence that inflation has come under control,” a credit team at Goldman wrote in a weekly note.
A powerful rally across financial markets sparked this month as more investors bet on the Federal Reserve pivoting away from aggressive interest rate hikes has gone “too fast, too soon” for debt tied to major U.S. corporations, warned a team of Goldman Sachs credit researchers.
Corporate earnings, however, have been retreating from record levels, while tighter financial conditions and recession fears fueled a dramatic rout in stocks and bonds in the first half of the year. At last check, bonds of investment-grade companies deemed a relatively low default risk were paying investors a roughly 1.54% spread, or premium above the risk-free Treasury rate TMUBMUSD10Y, 2.651%, according to the ICE BofA US Corporate Index. That’s down from a 1.65% high so far this year, but off the lows closer to 0.86%.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
A’s Seth Brown returns from paternity list and sons the White SoxIf Seth Brown was stressed out over the birth of his firstborn son, one could not tell in his Friday night return from the paternity list. Brown stepped into the batter’s box in the sixth inn…
Leer más »
Shortstop Tim Anderson and manager Tony La Russa are ejected in the Chicago White Sox’s 7-3 loss to the Oakland A’sThe Chicago White Sox allowed four home runs in a 7-3 loss to the Oakland A's on Friday, and Tim Anderson and Tony La Russa were ejected.
Leer más »
What to watch for in the Chicago White Sox’ next 5 series — all against sub-.500 teams. Will they make their move in the AL Central?The Chicago White Sox continue a stretch of 19 games against teams with losing records with a series against the Oakland A's on Friday. Here’s what to watch in the next five series.
Leer más »
Brown, Piscotty back Kapriellian as A’s beat White Sox 7-3Seth Brown hit two solo homers, Stephen Piscotty hit a three-run shot, and James Kapriellian pitched six strong innings as the Oakland Athletics beat the Chicago White Sox 7-3 on Friday night for their season-high fourth straight win.
Leer más »
CoinDesk Podcast Network: BREAKDOWN: Why Markets Viewed the Fed's Latest 75 Basis Point Hike as 'Dovish' on Apple Podcasts“For those of you who are hoping for not a long, extended and boring crypto winter, at least for now, your wishes come true.” NLW explains why so many in the market interpreted the Fed’s Q&A as dovish.
Leer más »
Silver Price Forecast: XAGUSD surges almost 9% in three days, knocking at $20.00Silver price rallied for three consecutive days, gaining almost 9% in the week courtesy of traders’ upbeat mood, on the perception of a Fed “dovish” t
Leer más »