DoubleLine's Jeffrey Gundlach says Federal Reserve has lost control
(Reuters) - The Federal Reserve has lost control of interest rates as evidenced by the federal funds rate trading higher than any part of the U.S. Treasury yield curve, Jeffrey Gundlach, the chief executive of DoubleLine Capital, said on Tuesday.
Hedge fund manager Kyle Bass sees 'shallow recession' potentially in 2020: CNBC
(Reuters) - Hedge fund manager Kyle Bass told CNBC on Tuesday that he sees a "shallow recession" potentially in 2020, also adding that he thinks U.S. interest rates will follow the global interest rates all the way down to zero.
Yields rise on German fiscal stimulus hopes
NEW YORK (Reuters) - Benchmark U.S. Treasury yields rose on Friday on a report that Germany may be open to running a deficit to boost growth, while stronger stock markets also reduced demand for safe haven debt.
Your Money: Big companies explore virtual care to curb healthcare costs
NEW YORK (Reuters) - Big companies are increasing incorporating virtual technology and care options into employee benefit plans to combat the rising healthcare costs that long been corporate America's bugaboo, according to the annual survey of the National Business Group on Health.
Canada's Intact Financial to buy Guarantee Co, Frank Cowan for C$1 billion
(Reuters) - Canadian property and casualty insurer Intact Financial Corp said on Thursday it agreed to buy The Guarantee Co of North America and Frank Cowan Co for C$1 billion ($750.6 million) in cash from Princeton Holdings Ltd.
Third Point cuts United Technologies stake after opposing Raytheon deal
BOSTON (Reuters) - Hedge fund Third Point LLC said on Tuesday that it recently cut its investment in United Technologies Corp
, becoming the second activist hedge fund to sell shares after the company announced a merger with Raytheon Co. that the funds said they would not support.
U.S. regulators to drop accounting test in 'Volcker' rewrite: sources
WASHINGTON (Reuters) - U.S. regulators have circulated a new draft of the "Volcker Rule" that would further ease its requirements and scrap a proposed new test that had been met with fierce resistance from Wall Street, according to two people with knowledge of the matter.
U.S. yields tumble on trade worries, political tension
NEW YORK (Reuters) - U.S. Treasury yields fell on Monday, in line with the weak stock market, as trade worries and global political tensions in places such as Hong Kong and Argentina supported safe-haven assets.
U.S. bond yields rise on confusion over U.S. trade move
NEW YORK (Reuters) - U.S. Treasury yields rose on Friday amid confusion over the United States policy on trade with China, while political turmoil in Italy compounded investor concerns, capping a volatile week in the bond market.
Investors embrace ESG investing but don't target gun stocks
BOSTON (Reuters) - Two new BlackRock Inc funds that exclude gun makers are off to slow starts as socially-minded investors embrace other products addressing a wide range of issues like environmental and governance concerns, according to flow data at the world's largest asset manager.