September 2023

Yields on 30-year Treasuries are experiencing their most significant quarterly increase since 2009, causing concerns that the recent bond market turmoil could have broader implications for financial markets. The long-bond yield has surged approximately 84 basis points since the end of June, reaching about 4.81 percent, its highest level since 2010. At one point during […]

In a show of confidence from investors, Mineral Resources (ASX:MIN) has increased its US bond offering to $1.1 billion from the original $850 million and successfully sold the entire offering. The senior unsecured bonds, with an attractive yield of 9.25% and a maturity date of 2028, will be settled next Tuesday in New York. MinRes

Gold continues to be the chief victim of market panic about rates and the Fed’s “higher for longer” policy approach. Despite a dip in the value of the dollar, gold futures closed at a six-month low with little sign of support appearing. Comex Gold for December delivery closed down $US12.30 on the day, ending at

Paul Sanger: Hi, I’m Paul Sanger from the Finance News Network, and today we’re talking with Chariot Corporation CEO and founder Shanthar Pathmanathan. Welcome, Shanthar. Shanthar Pathmanathan: Thanks, Paul. Thanks for having me. Paul Sanger: It’s a pleasure. Okay, so welcome to The Network. Let’s kick off the interview today. The US, why are you

Small and mid-sized US stocks are grappling with the challenges posed by soaring interest rates, as the Federal Reserve’s commitment to maintaining higher borrowing costs for an extended period threatens the fragile balance sheets of smaller enterprises. The Russell 2000 small-cap index has experienced an 11 percent decline since reaching its peak in July, while

Chariot Corporation, soon to be ASX-listed next month, is making waves in the US lithium market. With a strategic focus on the United States, Chariot is poised to take advantage of the country’s burgeoning lithium sector. Let’s delve into Chariot’s flagship project, extensive portfolio, and upcoming ASX listing. US Lithium Opportunity Chariot Corporation has set

Stocks rose Thursday, as Wall Street tried to regain some of this month’s steep losses and traders kept an eye on Treasury yields. The Dow Jones Industrial Average climbed 116.07 points, or 0.35 per cent to 33,666.34. The S&P 500 added 0.59 per cent to 4,299.70 — just shy of the key 4,300 level. The

The ASX closed lower on Thursday, primarily due to a decline in consumer stocks following an unexpected drop in monthly retail sales figures. The S&P/ASX 200 index decreased by 0.1%, or 5.5 points, settling at 7024.8 by the end of the trading session. Among the 11 industry sectors, eight recorded losses. Consumer stocks were particularly