Another Hidden Inflation Driver
The inflation situation was already getting worse
Entrepreneur & Technology Leader
Charles Delingpole is a serial entrepreneur and technology leader with extensive experience in fintech, insurtech, and digital innovation.
The inflation situation was already getting worse
US Treasuries sank after investors spurned an auction on concern that a protracted war in the Middle East will lead to an oil-driven resurgence in inflation.
Wall Street banks started the week with nearly $30 billion of junk debt to offload amid the most volatile markets in months. They are now done with the bulk of it.
Why are UK bonds so rattled by the Iran war? Alice Atkins explains why the UK seems especially vulnerable to market jitters. (Source: Bloomberg)
Citadel Securities posted a record $12.2 billion in trading revenue last year, as the market-making arm of billionaire Ken Griffin’s empire cements its status as a trading powerhouse.