Inflation concerns have pushed rates to recent highs, and that’s bad news for borrowers. Expectations of rising inflation, which may encourage the U.S. central bank to tighten monetary policy more quickly, caused the yield on […]
The high-yield market has underperformed equities this year, often seen as a sign of trouble for stocks. One portfolio manager says it’s not acting as a warning for broader markets — at the moment. Underperformance […]
CNBC’s 2018 Stock Draft kicks off on “Power Lunch” Thursday, as a new set of challengers look to overthrow last year’s champion, “Shark Tank” host Kevin O’Leary. The eight teams make one pick per round, […]
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