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Bond Rout Could Provide Opportunity for Investors
The Wall Street Journal5d agoneutral
Bond Rout Could Provide Opportunity for Investors

More than that percentage of the global bond market now yields above 4%, according to BlackRock. The asset manager says the average yield in a bond portfolio it tracks has more than doubled from five years earlier. A global bond market rout today pushed the 10-year Treasury yield to 5% for the first time since 2023.

Carney, locked in US trade war, pitches Canada to global investment titans
Reuters5d agoneutral
Carney, locked in US trade war, pitches Canada to global investment titans

TORONTO, Sept 14 (Reuters) - Canadian Prime Minister Mark Carney welcomes dozens of global investors to Toronto this week, hoping to lure investments for more than 160 projects that he says are key to steering Canada's economy through a trade war with the United States. Confirmed attendees, many from ‌the former Goldman Sachs executive and central bank chief's personal rolodex, include BlackRock CEO Larry Fink and Blackstone President Jon Gray from the United States, as well ‌as Singapore fund

Texas Stock Exchange Is Close to Winning Its First Major Listing From New York
The Wall Street Journal9d agoneutral
Texas Stock Exchange Is Close to Winning Its First Major Listing From New York

Texas Stock Exchange’s audacious plan to challenge Wall Street’s financial dominance hinges on convincing companies to ditch their New York listings. Pipeline company Energy Transfer is set to be the first major company to switch its primary listing from New York to TXSE, according to people familiar with the matter. The $75 billion company plans to move its listing from the New York Stock Exchange as soon as next month, the people said.