Change seems to be in the air. Bond yields surged as the outcome of the election became clear, with the 10-year Treasury yield jumping from 1.72% to above 2%, according to Bloomberg.
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Idled drilling rigs owned by contractor Helmerich & Payne Inc are seen on a lot in Seguin, Texas, U.S. January 13, 2016. REUTERS/Terry Wade/File Photo.
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A partner at Peter Thiel's venture firm Founders Fund broke with the iconoclastic billionaire, writing in a blog post Sunday that he's fearful of Donald Trump's presidency and that he thinks the technology industry bears some of the blame for Trump's rise.
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Japan's economic growth handily beat expectations in the July-September period, expanding for a third straight quarter as exports recovered, but weak domestic activity cast doubt on hopes for a sustainable economic recovery.
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Suddenly, the dollar is back in fashion. Donald Trump's unexpected win in the U.S. presidential election sent the dollar up 2.4% against a basket of 16 major peers to its biggest weekly gain since May 2015, and analysts say the rally likely has further …
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