Margaux Devereux
Margaux writes the daily read on equities, bonds, currencies and commodities across the world's major exchanges.
Articles by Margaux Devereux
US 10-year yield breaks its 2007 peak above 5.3% before weak jobs data pares the move
The benchmark Treasury yield closed at 5.297% on 30 September and briefly traded near 5.34%, its highest since 2002, as sticky inflation, $100 oil and soft auction demand collided with a Federal Reserve that has resumed raising rates.
Brent holds above $100 as Hormuz tanker attacks offset G7's 100m-barrel release
Oil traded between roughly $98 and $105 a barrel in the first half of October as renewed Iranian attacks on Gulf shipping countered an emergency stock release, prompting UBS to lift its fourth-quarter Brent forecast to $100 from about $80.
JPMorgan's $15.3bn quarter opens an earnings season forecast to grow 24%
The largest US bank reported net income up 6% on revenue of $50.2bn on 13 October, as analysts tracked by Zacks expect S&P 500 third-quarter earnings to rise 24.3% year on year, the eighth straight quarter of double-digit growth.