Scratch-off madness as $10 ticket yields $1M in Pennsylvania
PITTSBURGH, PA – A Pennsylvania Lottery player struck it rich in Allegheny County, winning $1 million on a Jumbo Bucks Scratch-Off ticket sold at a Pittsburgh convenience store. The winning ticket was…
Fast Play Ticket Yields $174K Jackpot Win for Wayne Player
TRENTON, NJ – A fortunate individual scooped up $174,621, capturing 50% of the progressive jackpot, with a $5 Cobweb Cash ticket on Thursday, October 19. Fast Play Progressive tickets, available at various…
US equity funds suffer outflows on rising bond yields, geopolitical tensions
(Reuters) – U.S. equity funds registered huge withdrawals in the week ending Oct. 18, hit by a surge in bond yields and escalating geopolitical tensions in the Middle East. Investors sold $4.57…
Global equity funds see fifth consecutive weekly outflow amid rising bond yields
(Reuters) – Global equity funds registered their fifth weekly outflow in a row in the seven days to Oct. 18 hit by the persistent rise in U.S. bond yields with strong economic…
Surge in US yields sparked massive outflow from Asian bonds in Sept
(Reuters) – Asian bonds suffered massive foreign outflows in September, hit by a surge in U.S. bond yields and a stronger dollar, which diminished returns for international investors. Foreigners sold regional bonds…
U.S. 10-year Treasury yields hits 5% for first time since 2007
LONDON (Reuters) – The U.S. 10-year Treasury yield briefly reached 5% for the first time since 2007, marking a fresh milestone in a relentless push higher for government borrowing costs. Further signs…
Marketmind: To 5% and beyond, bond yields soar
A look at the day ahead in U.S. and global markets from Mike Dolan A buoyant U.S. economy, hawkish Federal Reserve and dysfunctional Congress are sending Treasury bond yields soaring through 5%…
Long US Treasury yields may rise further despite near-term swings, BlackRock says
By Davide Barbuscia NEW YORK (Reuters) – Long-term U.S. Treasury yields may still have room to rise but they could swing in both directions in the near term as inflation eases and…
Fed’s Powell faces ‘what, me worry?’ moment of spiking bond yields, war, political stalemate
By Howard Schneider WASHINGTON (Reuters) – Federal Reserve officials may not raise interest rates when they meet in two weeks but neither will they say their 19-month drive to hike borrowing costs…
Kashkari: ‘possible’ higher bond yields mean Fed can do less
By Ann Saphir (Reuters) -It’s “possible” that the recent rise in yields on longer-term Treasuries means the Federal Reserve need not raise interest rates as much as otherwise, but it’s hard to…
Spike in Treasury yields clouds Biden, Fed hopes for smooth return to normal
By Howard Schneider WASHINGTON (Reuters) – Even as the U.S. economy bounds along, rising interest rates on government bonds could threaten the plans of elected officials and central bankers who thought they…
Surging Treasury yields upend stock market’s “bond proxies”
By Lewis Krauskopf NEW YORK (Reuters) – Soaring Treasury yields have stunned the U.S. equity market in recent weeks, with some of the worst fallout hitting a group of stocks expected to…
Fed’s Goolsbee does not see rise in long-term yields imperiling soft landing
(Reuters – Chicago Federal Reserve Bank President Austan Goolsbee says he sees no clear signals that the U.S. economy is veering off the “golden path” toward the Fed’s 2% inflation goal and…
Euro zone bond yields slip ahead of U.S. data
By Stefano Rebaudo and Harry Robertson (Reuters) – Euro zone borrowing costs broadly fell on Thursday, after a bond selloff paused the day before as yields hit crucial levels and as traders…
US dollar’s rally supercharged by soaring real yields on Treasuries
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Surging U.S. real yields are aiding the dollar’s rebound, rewarding bullish investors while making bears think twice before betting against the buck. The real…
Major Bust in Southeast Columbus Yields Firearms and Cash
COLUMBUS, OH – Execution of multiple search warrants led to the seizure of several firearms, jewelry, and over $335,000 in cash earlier this week in southeast Columbus. The operation was carried out…
US stock market’s powerhouses tested by soaring bond yields
By Lewis Krauskopf and Saqib Iqbal Ahmed NEW YORK (Reuters) – Surging bond yields are rattling U.S. stocks, and some investors worry the richly valued shares of giant technology and growth companies…
Higher yields weigh on European shares, luxury stocks enter bear market territory
By Bansari Mayur Kamdar and Sruthi Shankar (Reuters) -European shares fell for a fourth day on Tuesday, with rate-sensitive technology and real estate stocks pressured by surging bond yields, while fears over…
Global warming will hit Australian crop yields and GDP, treasurer says
CANBERRA (Reuters) – Australian crop yields could be 4% below current levels by 2063, reducing the country’s economic output by A$1.8 billion ($1.2 billion) a year, unless action is taken to mitigate…
NJ Powerball Drawing Yields Trio of Big Winners
TRENTON, NJ – In the latest drawing of the New Jersey Lottery, three fortunate ticket holders managed to match four of the five white balls and the Power Ball, securing the $50,000…
Inverted U.S. yields lure investors into short-term bonds
By Patturaja Murugaboopathy (Reuters) – Short-term U.S. government bonds have attracted bigger investment flows this year than longer-term paper, an unusual pattern engendered by the inverted yield curve and the Federal Reserve’s…
Eastern Shore Man’s Long-Held Lottery Dream Yields $50,000 Prize
HURLOCK, MD – A 38-year-old man from Worcester County has realized his dream of winning the Lottery, landing a $50,000 prize from an Ultimate Cash scratch-off ticket. The married father of three…
10-year yields hit 16-year peak as Fed seen higher for longer
By Karen Brettell NEW YORK (Reuters) – Benchmark 10-year U.S. Treasury yields rose to 16-year highs on Thursday, a day after the Federal Reserve surprised investors by flagging the potential for an…
Bond strategists stand ground, say U.S. Treasury yields have peaked: Reuters poll
By Sarupya Ganguly BENGALURU (Reuters) – The benchmark U.S. 10-year Treasury note yield has peaked in the current cycle, according to a majority of bond strategists polled by Reuters, although most said…
We’re still in a low rates, yields world: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) -If you think this time is different, and the post-2008 world of low interest rates and bond yields is over, think again. Markets may have spent…
Labor Day Weekend Yields $1 Million Powerball Win in North Carolina
SOUTHPORT, NORTH CAROLINA – The Powerball drawing over Labor Day weekend produced a $1 million prize for a ticket purchased at a Circle K convenience store on North Howe Street in Southport.…
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