Bloomberg Business

Bond Investors Brace for Supply Freight Train Before Fed Confab

The highest long-term Treasury yields in years are headed for a major hearing next week as investors place their bids for two risky auctions — right before the Federal Reserve’s potentially game-changing annual gathering at Jackson Hole.

Maui Fire Lays Bare Utility Missteps Mirrored Across the Country

When flames ripped through the drought-parched town of Paradise in 2018, destroying homes and killing 85 in California’s deadliest-ever wildfire, it was a wake-up call to power companies across the country. Electric lines would ultimately be blamed for the blaze, and the state’s largest utility was driven into bankruptcy.

Risk Appetite Eases $1.6 Trillion Maturity Wall

As fears of a severe US recession recede, investors flush with cash are looking to put money to work in junk assets. Companies with upcoming maturities are rushing to take advantage.

Ukraine Recap: Zelenskiy Weapons Talks; Missile Hits Chernihiv

President Volodymyr Zelenskiy visited Sweden for what he said was the first of a new round of talks with allies on weapons systems needed to shore up Ukraine’s defenses and drive its counteroffensive against Russia’s occupation.

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