U.S. bond yields dived on Wednesday as troubles at Swiss banking large Credit score Suisse reverberated round monetary markets and prompted merchants to consider a full proportion level of fee cuts from the Federal Reserve by year-end.
What’s driving markets
Treasury yields plunged on Wednesday after the largest shareholder in Credit score Suisse CS mentioned it might not make investments any extra funds within the beleaguered Swiss lender, in line with a Bloomberg report. Credit score Suisse’s shares dropped to a document low…
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