The 10-year Treasury yield surges past 5.1%, hitting levels unseen since 2007. Experts warn this is a "structural change" and not a temporary blip, as persistent inflation and unchecked government spending signal a painful new reality for borrowers.
The tape Bloomberg Surveillance · Sep 26
“This is a structural change, and I think you really have to sort of associate the structural change with. A longer history, right? It's not the thing we got used to for a long time, which was zero interest rates and QE.”
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Wealthion · Everyone’s Bracing for a Crash. The Economy Says Otherwise.Sep 24
While S&P 500 companies are finally reporting "discernible ROI" on their AI investments, one analyst warns the spending spree fueling US growth is a massive bubble waiting to pop.
Odd Lots · Hollywood Was Cooked Before AI, and Now It's Only Getting WorseSep 25
Production in Los Angeles has collapsed to less than half its 2016 level, devastating the local economy and leaving writers scrambling for "survival jobs." Tax incentives are luring major productions to Dublin and Vancouver.