Guggenheim loan trades in distressed territory after investor call
Chief executive Mark Walter’s business empire has come under pressure amid probe into his insurance holdings
Quant funds rocked as Treasury boosts buybacks and Moderna shares leap
Tumultuous session puts further pressure on momentum trades that have been unsettled since AI-related stock sell-off
The US Treasury is buying long bonds, but not very many
Speaking loudly but wielding a teeny-tiny stick in
Bessent says there’s a ‘very good chance’ U.S. budget deficit under Trump has peaked
Treasury Secretary Scott Bessent said Thursday that there’s a “very good chance” of the U.S. has seen its budget deficit peak under President Donald Trump.