Page 28 - Yield Index News Today : Breaking News, Live Updates & Top Stories | Vimarsana

5 Min Read (Reuters) - New U.S. bank credit benchmarks are expected to gain traction in the coming months as the deadline to phase out exposure to the discredited Libor approaches, even as regulators continue to push an alternative called the Secured Overnight Financing Rate (SOFR). FILE PHOTO: A U.S. dollar note is seen in front of a stock graph in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration/File Photo Investors are facing a year-end deadline to stop basing new loans and trades on Libor, an acronym for the London Interbank Offered Rate. Some Libor rates will s...

Chart of the Day “Credit markets have yet to signal any type of impending weakness” ahead for U.S. stocks, according to Ian McMillan, a market technician at Client First Tax & Wealth Advisors. McMillan made the comment in a Twitter post last week that compared the S&P 500 Index with the yield gap between some of the lowest-rated high-yield bonds and Treasuries. This week began with the gap for the Bloomberg Barclays Caa U.S. High Yield Index moving to its narrowest level since July 2018. A widening of high-yield spreads would be a caution signal for stocks, he wrote. Our View

Jason Mann's Top Picks: April 9, 2021 Wall Street math shows ESG funds can ride the value stock boom Five signs it's time to tell your advisor to take a hike Stocks notch longest weekly rally since October Paul Gardner's Top Picks: April 8, 2021 Topps looks to go public in US$1.3B deal with SPAC Stan Wong's Top Picks: April 7, 2021 Stocks rise after Fed minutes as volume dwindles The Daily Chase: Alberta, Ontario toughen COVID rules; 1 in 5 hoping for home-price crash Paul Harris' Top Picks: April 6, 2021 With US$1 trillion of distress gone, debt pickers find scraps The Robinhood generation i...

Stocks Fluctuate, Dollar Climbs After Fed Minutes: Markets Wrap Bloomberg 31 mins ago Rita Nazareth and Claire Ballentine (Bloomberg) -- Stocks and Treasuries fluctuated while the dollar climbed after the Federal Reserve refrained from signaling it will make any changes to its bond-buying program any time soon. Popular Searches Minutes from the latest Fed meeting indicated there would likely be “some time” before the conditions are met for scaling back the asset-purchase program of $120 billion per month. Officials still saw elevated uncertainty in the growth outlook -- ...

Apr 07 2021, 11:25 PM April 07 2021, 3:19 AM April 07 2021, 11:25 PM (Bloomberg) -- Stocks wavered as investors sifted through remarks from Federal Reserve’s officials for their views on the outlook for economy. (Bloomberg) -- Stocks wavered as investors sifted through remarks from Federal Reserve’s officials for their views on the outlook for economy. Traders also assessed Treasury Secretary Janet Yellen’s detailed sales pitch for the Biden administration’s proposed new corporate-tax code. The S&P 500 hovered near a record, with technology companies gaining and industrial...