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...The benchmark 10-year yield also added 0.05 percentage points to 4.15 per cent. An index tracking the dollar against a basket of six other currencies was up 0.2 per cent on the day....
...They called a 100-year sentence recommended by probation officers “grotesque” and “barbaric”. Instead they painted him as misunderstood....
...Yields on benchmark 10-year US Treasury notes closed the week at 4.05 per cent, having swung on Friday between a three-week peak of 4.10 per cent soon after the jobs data release and a low of 3.95 per cent...
...With enrolment now at 3,000, the school has grown sharply in the past two decades and provides an important source of tuition revenue to the university....
...In the first nine months, the VW brand reported margins of 3.4 per cent....
...On Thursday, the Bank of England also voted 6-3 to hold rates steady at 5.25 per cent while Norway’s central bank left its rates unchanged too....
...Curtis Mewbourne, who founded Mewbourne in 1965, had always been against selling what’s now the most active private driller in the Permian....
...“Inflation is continuing to decelerate, meaning the Fed’s aggressive campaign is working,” said Carol Schleif, chief investment officer at BMO Family Office....
...Shell’s shares rose 2 per cent to £27.05 by lunchtime in London....
...The BLS data showed the unemployment rate at 3.8 per cent, in line with August’s figure and slightly above expectations of 3.7 per cent....
...In oil markets, international benchmark Brent crude and US marker West Texas Intermediate each rose 1.3 per cent, to $85.49 a barrel and $81.16 a barrel, respectively....
...The world’s largest retailer raised its full-year forecasts, predicting 3.5 per cent sales growth rather than the 2.5 to 3 per cent guidance it had reaffirmed last month....
...Its net interest margin, the difference between the interest it receives on loans and the rate it pays on deposits, will average more than 3.05 per cent across the year, the bank said....
...points from roughly 3 percentage points....
...A tenth of the stock and bond holdings by UK pensions schemes are in oil, gas or coal companies, more than £3,000 per saver on average, according to Make My Money Matter....
...Sign up to hear from leading FT journalists in conversation with Hillary Clinton, Jamie Lee Curtis, Salman Rushdie and others. Who will win the US-China tech war?...
...But with competition for deposits and mortgages increasing and central bank rate rises nearing their peaks, Lloyds predicted a NIM of greater than 3.05 per cent for 2023, compared with expectations of 3.15...
...The study, based on interviews with chief financial officers in the first half of December, also showed a 0.5 percentage point rise in wage growth expectations for the year ahead to 6.3 per cent....
...Walmart forecast net sales growth of 2.5 to 3 per cent for the current fiscal year, below Wall Street’s prediction for a 3.3 per cent increase....
...Growth of, say, 05 per cent will feel like stagnation....
...Benchmark 10-year Treasuries slid, pushing yields up to 3.95 per cent — their highest since early November....
...The yield on the benchmark 10-year US note dropped 0.05 percentage points to 3.82 per cent. Yields fall when prices rise. Read more on the day’s market moves here...
...Chief financial officer Curtis Buser told the Financial Times the trend was a symptom of rising stock market volatility, which has caused many investors to become overexposed to traditional private equity...
...The tech-heavy Nasdaq Composite index rose 3.9 per cent in October, after closing down 1 per cent in Monday’s trading....
...In Treasury markets, the policy-sensitive two-year yield jumped 0.08 percentage points to 4.18 per cent, while the benchmark 10-year rose 0.05 percentage points to 3.76 per cent....
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