
Global bond sell-off likely not over yet, Mohamed El-Erian tells CNBC
In a wide-ranging interview, the renowned economist also said the U.S. Treasury had taken "a step too far" with its market intervention.
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In a wide-ranging interview, the renowned economist also said the U.S. Treasury had taken "a step too far" with its market intervention.

Norway's mammoth wealth fund wants to cut its holdings of government bonds, chiefly affecting U.S. Treasurys, as it seeks greater returns elsewhere. The rebalancing of its portfolio would add other types of U.S. bonds and other assets such as mortgage-backed securities.

Behind closed doors, the AI mania is no longer discussed as a possibility, but an accepted truth. The Wall Street Journal reported that in Q2-2026, while the whole world was tokenmaxxing their IT budgets, OpenAI's operating losses accelerated - $12.3B against $6.7B in revenue, a tidy -183% margin.

Global government bond yields climbed sharply this week as investors contend with heavier borrowing, energy price pressures and persistent inflation uncertainty. Investors say deglobalization and greater geopolitical fragmentation will make inflation structurally more persistent than it was during much of the 2010s.

Shein faces questions over how it can reaccelerate growth after a weak start to its Hong Kong listing. Tariffs and regulatory changes are challenging Shein's low-cost model in the U.S. and Europe.

AI Trade Rotation: From hyperscalers to chipmakers in the "picks and shovels" trade. SOX Fundamentals-Driven Rally: ~60% YTD price gain matched by ~60% earnings growth; 75% more is projected next year.

Fedguy.com principal Joseph Wang and EY-Parthenon chief economist Greg Daco discuss the Federal Reserve's incoming decisions amid the current inflation rate on 'Making Money.' #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #makingmoney #fed #federalreserve #economy #economics #inflation #interestrates #rates #finance #markets #wallstreet #banking #monetarypolicy #kevinwarsh #josephwang #gregdaco

The yen consolidated against the dollar and other currencies in early trade, but may be buoyed by prospects of a hawkish BOJ rate hike later this month.

Japanese stocks were higher in early trade as expectations for the Fed's rate increases recede.

Markets rallied behind dovish commentary from Federal Reserve Gov. Christopher Waller.

Billionaire's tunneling startup makes unusual demands of backers to participate in latest funding round.

Schork Group principal Stephen Schork analyzes rising oil and gas prices, Venezuela granting the U.S. access to oilfields and renewed U.S.-Iran strikes on ‘The Claman Countdown.' #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #theclamancountdown #oil #oilprices #energy #gas #gasprices #iran #venezuela #stephenschork #schork #markets #commodities #middleeast #economy #geopolitics #energyprices #petroleum #oilfields #strategicpetroleumreserve

During the second quarter of 2026, the Harbor Long Term Growers ETF returned 17.07%. Outperformance was driven primarily by stock selection in Information Technology. We initiated a position in Sandisk.

CNBC's Jim Cramer said it's time to revisit the Magnificent Seven after months of underperformance have left many of the market's former leaders looking relatively cheap. He sees catalysts across Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla, with massive AI investments beginning to offer the potential for meaningful returns.

Four U.S. companies have committed a combined $2 billion of investment in South Korea across semiconductors, advanced materials and energy, Seoul's Industry Ministry said on Friday.