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Bond Bulls Fixated on Fed-Rate Cuts Risk Getting Smacked Around

(Bloomberg) -- Bond traders are growing more convinced that US yields are heading lower as they bet on a series of Federal Reserve interest-rate cuts, yet the path to cheaper borrowing costs is set to be extremely bumpy.Most Read from BloombergUS Economy Set for Another Cash Boost If Congress Backs Tax DealApple to Shutter 121-Person San Diego AI Team in ReorganizationBiden Says US Doesn’t Support Taiwan Independence After VoteNvidia’s Red-Hot 2024 Start a Bright Spot as S&P 5...
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Source: yahoo.com

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Is Luxury's Favorite E-Tailer About to Go Bust?

For more than a decade, Farfetch has been a global retail powerhouse, selling billions of dollars worth of coats, shoes, handbags and other luxury goods. But in recent months, the online platform, which was valued at more than $20 billion at its peak in 2021, has been fighting for its survival. Its share price has collapsed, rumors have been swirling that its founder is trying to take the company private and reports suggest it will need a lifeline of at least $500 million by the end of the year
United Kingdom United States New York Stock Exchange New York City Of France General
Source: yahoo.com

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