Shares of Tesla Inc. TSLA, -2.90% took a dive in premarket trading Friday, after the electric vehicle maker cut prices in China again, which also weighed heavily on rival China-based Read more
Tag: 12year
Nio stock dives below $10, Alibaba hits 6 1/2-year low as Xi’s power move fuels fears
The U.S.-listed shares of China-based companies were rocked Monday, as China President Xi Jinping’s moves to consolidate power fueled fears that current policies that have led to a slowing economy Read more
10-year Treasury yield notches another 12-year high on its way to 4%
An ongoing selloff in long-dated Treasurys pushed the benchmark 10-year yield closer to 4% on Tuesday, while the 30-year yield rose to its highest since January 2014 as traders finally Read more
Gold falls to 2 1/2-year low as dollar extends rise
Gold tumbled to its lowest level in nearly two-and-a-half years on Monday as the 10-year Treasury yield climbed to its highest level since 2010, and the dollar advanced to fresh Read more
Bond yields spike to new 12-year high and pound slides to 37-year low as U.K. unveils deficit-funded tax cuts
Bond yields spiked on Friday as the U.K. government cut a host of taxes and for the first time quantified the cost of capping energy bills, saying it will cost Read more
Malaysia upholds 12-year sentence against former prime minister over 1MDB looting
PUTRAJAYA, Malaysia (AP) — Malaysia’s top court on Tuesday upheld ex-Prime Minister Najib Razak’s graft conviction and 12-year jail sentence linked to the looting of the 1MDB state fund. Najib’s Read more