BlackRock’s Rick Rieder tells MarketWatch he likes buying commercial paper and T-bills because ‘you’re getting paid to be patient.’
In One Chart: Global bond issuance falls to a decade low as interest rates climb
Global bond issuance declines to about $1.7 trillion in the first quarter, its lowest volume to kick off a year in a decade, according to data from Dealogic.
Personal Finance Daily: How the IRS will spend $80 billion in new funding and an Alabama woman was arrested for falling behind on her trash bill
Tuesday’s top personal finance stories.
TaxWatch: How will the IRS spend $80 billion in new funding? The Treasury Department is dropping hints.
An extra $80 billion in the IRS budget comes from the Inflation Reduction Act passed in 2022
Bond Report: 10-year Treasury yield hits lowest level since September after U.S. data on job openings
U.S. yields fall on Tuesday after data show that the tight labor market is finally loosening up, which has reignited recession fears.
Financial Crime: Former President Trump charged with 34 felony counts of falsifying business records
Trump pleaded not guilty during an extraordinary hearing in Manhattan’s Supreme Court, where he appeared amid a wild melee of media and protesters outside
: Trump indictment: Full text of the much-anticipated document
Here’s the full text of the indictment of former President Donald Trump. It is now unsealed after a Manhattan grand jury voted last week to indict Trump.
: What’s the magic number for retirement savings? Americans say it’s more than $1 million, but most will fall short of that goal.
There’s a significant gap between how much money American workers say they’ll need for a comfortable retirement and what they expect to have, a survey found.
Crypto: Donald Trump NFT sales are up 413% following his arraignment
Donald Trump’s NFT sales spike on Tuesday after the former president’s arraignment in New York City.
Mark Hulbert: Silicon Valley Bank’s failure isn’t the end of the banking crisis. History says it just might be the start.
Regulators’ massive response indicates a financial system in the early stages of distress.
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