News chronological

Showing 10 items before 1142583

AXIOS (Emily Peck) - Why bonds are the most important market in the world

The bond market is growing more interesting lately — and that's concerning. Why it matters: The $160 trillion global bond market is like the plumbing in your house. You don't think about it until it stops working and you've got a nasty situation on your hands. The big picture: Long-term government bond yields for the U.S. and other G7 countries have been climbing — hovering at levels last seen in 2007 before the financial crisis — and raising concerns about borrowing costs growing more expensive for countries that are already staring down heavy debt loads. - The AI boom, meanwhile, has spread to the market for corporate bonds, sparking worries about a bubble. What to watch: It's a perfect moment to release a book laying out the…

The bond market is growing more interesting lately — and that's concerning. Why it matters: The $160 trillion global bond market is like the plumbing in your house. You don't think about it until it stops working and you've got a nasty situation on your hands. The big picture: Long-term government bond yields for the U.S. and other G7 countries have been climbing — hovering at levels last seen in 2007 before the financial crisis — and raising concerns about borrowing costs growing more expensive for countries that are already staring down heavy debt loads. - The AI boom, meanwhile, has spread to the market for corporate bonds, sparking worries about a bubble. What to watch: It's a perfect moment to release a book laying out the…Open

YOUTUBE (CNN) - Grand Canyon flash flood: 1 dead, ~15 missing

Click to play Video
▶️

One of the most famously arid national landmarks succumbed to deadly flash flooding over the weekend, leaving at least one person dead and more than a dozen unaccounted for as more rain is set to pummel Grand Canyon National Park in Arizona on Monday. A 46-year-old man’s body was found near Crystal Rapids along the Colorado River, park officials said Sunday night. And about 15 people could be missing after “nearly all footbridges spanning Bright Angel Creek were destroyed, eliminating hiker access across the creek,” the National Park Service said. CNN meteorologist Derek Van Dam explains the weather conditions in the area, and why the flash flood Sunday was so severe. Watch 24/7 live news with CNN Headlines: https://bit.ly/4eIvlTr…