admin

Municipals extended their sell-off Thursday, as the front end of the curve was hit the hardest. U.S. Treasuries were weaker, and equities ended in the red. Triple-A benchmarks were cut 13 to 17 basis points at the one-year, depending on the scale, pushing it to around 3%. Muni-UST ratios rose on the short end. The
0 Comments
Most state officials are upbeat about the economy despite the apparent thinning out of the fat surpluses sitting in general funds and reserves, though the looming debt ceiling and prospect of a U.S. default is casting a pall over some of that optimism. That was a major theme struck by analysts and other stakeholders during
0 Comments
Puerto Rico’s economy grew in the fourth quarter of 2022, but an economist called it “non-organic economic recovery” and questioned whether it will continue. Puerto Rico’s preliminary Economic Activity Index rose 1.6% in December after a flat November and 0.4% growth in October on a month-to-month basis, the Economic Development Bank for Puerto Rico announced.
0 Comments
While the U.S. Federal Reserve (FED) continues to monitor the overheated economy, the most likely scenario is further interest rate hikes to curb inflation. The unintended consequence is the heightened government debt cost, creating a bullish environment for scarce assets such as commodities, stock market and cryptocurrencies. Bitcoin’s price gain practically extinguished bears expectation for
0 Comments
press release PRESS RELEASE. On February 14, the highly anticipated Blur airdrop was finally kicked off. According to Dune Analytics, as of February 15, over 40,000 addresses have claimed the Blur airdrop, with 8.2% of them receiving over 10,000 tokens. Most users received between 1,000 and 10,000 BLUR tokens, with 7,000 tokens distributed to every
0 Comments
In this week’s episode of Market Talks, Cointelegraph welcomes Michaël van de Poppe, a full-time day/swing trader in cryptocurrencies based at the Amsterdam Stock Exchange who’s interested in everything related to blockchain in combination with the current financial system. He is also the CEO and founder of Eight Global, a cryptocurrency education and consultancy platform. We kick
0 Comments
Derivatives traders tend to watch the US Commodity Futures Trading Commission closely on a Friday. This is the day the CFTC normally releases its weekly “commitments of traders” report showing overall positioning in derivatives markets, such as oil futures. This month, however, the data has been missing in action because a small, publicity-shy data group
0 Comments
Jakub Porzycki | Nurphoto | Getty Images Check out the companies making headlines in midday trading. Twilio — Shares jumped 19% after Twilio beat revenue expectations in its most recent quarter. The communications firm posted revenue of $1.02 billion, slightly better than the Refinitiv consensus estimate of $1 billion. related investing news Bernstein downgrades Tripadvisor,
0 Comments