Bank Stocks Decline After Fed Signals No More Interest Rate Increases in 2019

The Federal Reserve signaled Wednesday that it’s unlikely to raise interest rates for the rest of the year, prompting the stock prices of banks to decline. In general, higher interest rates are positive for the profits of retail, commercial, and other banks, which earn interest on their substantial cash holdings in customer accounts. The announcement […]

U.S. Companies Are Going After EU Bond Market Investors

Corporate bonds in the U.S. have seen slow times. Companies have been issuing less debt, with investment-grade bond issuance off by 18% year over year, according to Barron’s. High-yield bond offerings are down 25%. Blame a number of factors: rising interest rates that have driven down prices as investors look for better deals, and also […]