Global Stocks Slump as Bond Yields Rise

Global Stocks Slump as Bond Yields Rise

Global stocks struggled on Monday as bond prices continued to deteriorate, and as traders continued to bet the global economy will reflate as Covid-19 vaccines are administered and the Biden’s administration’s $1.9 trillion relief program winds its way …
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Banker Bonuses Always Send a Powerful Message

Marcus Ashworth is a Bloomberg Opinion columnist covering European markets. He spent three decades in the banking industry, most recently as chief
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Today's mortgage and refinance rates: February 22, 2021 | Rates tick up

Mat Ishbia, CEO of United Wholesale Mortgage, told Insider that fixed-rate mortgages are currently a better deal than adjustable-rate mortgages. Adjustable rates start higher than fixed rates currently, and you may …
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CPS Energy trustees to meet Monday for first time since winter storms

San Antonio – The CPS Board of Trustees will meet Monday afternoon for the first time since winter weather and a crisis on the Texas power grid put hundreds of thousands of San Antonio families in the dark last week. CPS Energy CEO Paula Gold-Williams …
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Starboard SPAC, Cyxtera Data Center Merge in $3.4B Deal

Cyxtera generated estimated revenues of $690 million and Adjusted EBITDA of $213 million in 2020. The deal is therefore valued at roughly 15.9 times Adjusted EBITDA. Cyxtera’s leadership, including Executive Chair Manuel D. Medina, …
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