- Bloomberg
US Bond Yields Fall as Jobs Data Fuels Bets on Two 2024 Fed Cuts
(Bloomberg) -- Traders are once again betting that Federal Reserve officials will lower interest rates twice this year as a mixed report on the US labor market drags US Treasury yields lower.Most Read from BloombergBiden Narrows Gap With Trump in Swing States Despite Debate LossHedge Funds That Piled Into Big Tesla Short Stung by Huge RallyLe Pen Party Seeks Major French Election Win: What to WatchFrench Left Set for Shock Victory Over Macron and Le PenSingapore Is Making Life Tougher for Global
- Bloomberg
Oil Slips After Hitting Two-Month High as Technicals Stall Rally
(Bloomberg) -- Oil edged lower, backing off a two-month high, as technical indicators restrained a rally driven by tensions in the Middle East and the Atlantic hurricane season.Most Read from BloombergUS Allies Allege China Is Developing Attack Drones for RussiaDemocrats Weigh Mid-July Vote to Formally Tap Biden as NomineeHurricane Beryl Roars Toward Jamaica on Destructive PathChina Can End Russia’s War in Ukraine With One Phone Call, Finland SaysBiden Plummets in Leaked Democratic Polling Memo,
- Bloomberg
Canada May Retail Sales Likely Fell 0.6% After April Rebound
(Bloomberg) -- Canadian retail sales likely dropped last month, nearly wiping out all of April’s gains and highlighting weakness in consumer spending that will keep more Bank of Canada rate cuts on the table this year.Most Read from BloombergCDK Hackers Want Millions in Ransom to End Car Dealership OutageRussia Is Storing Up a Crime Wave When Its War on Ukraine EndsWall Street’s Smart-Trade Brigade Thrashed Again on Stock BoomAt Blackstone’s $339 Billion Property Arm, the Honeymoon Is OverReceip
