Page 2 - Although Friday News Today

The heat wave battering Northern California has broken the all-time temperature record in Sacramento.

Although Friday's post-payrolls sell-off was unpleasant for the bond market in the context of a single trading day, it was arguably a resilient showing considering the strength of the data and the shift in Fed rate hike expectations earlier in the week. After all, Fed Funds Futures for mid-2023 added almost 50bps from Tuesday morning before Daly's rate hike comments through Friday's close. Meanwhile, 10yr Treasury yields rose less than 30bps. Also potentially relevant is ...

WLKY and the Red Cross partnered together to host a telethon in an effort to raise money for victims affected by the recent flooding in eastern Kentucky.

Although Friday’s massive more than $1.3 billion Mega Millions jackpot went to a lucky person who bought the ticket in Illinois, dozens of winners throughout Maryland and Virginia managed to snag smaller cash prizes of up to $20,000.

Friday the Thirteenth isn't the only combination on the calendar that has inspired superstition.

Korean stocks promise upside if external market factors ease, writes Alex Frew McMillan, who says that while the Kospi stock index has shown dramatic volatility in the last year, Seoul stocks now look undervalued, particularly those in in-demand sectors....TSM

Although Friday dawned with temperatures warm enough for raindrops for nearly all of New England, some far northern communities along the Canadian border were...

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