Bloomberg Business

Investors pointing the finger at foreign central banks for the recent upheaval in long-term Treasury bonds are making a mistake, JPMorgan Chase & Co. says.

A senior-living company filed for bankruptcy this week after it exhausted an emergency loan, the latest to falter because of Covid-19.

Citigroup Inc. has bought about $160 million of Russian aluminum from the London Metal Exchange, something many banks have refused to touch since the invasion of Ukraine.

The European Central Bank is set to send a letter of complaint to the Italian government about a 40% windfall tax on extra profits announced in a surprise move last week, Corriere della Sera reported, a move that may intensify frictions between Rome and Frankfurt.

A build-up of short positions in long-dated Treasuries has sent ripples through some measures of interest-rate volatility, where daily moves are rivaling those of the March 2020 liquidity crisis.

Global bonds won some respite Friday from the selloff that lifted yields to multiyear highs as stock market declines stoked demand for lower-risk assets.

Deere & Co. shares slipped Friday as investors questioned how much longer the boom in sales of tractors and other farm machinery can last amid slumping crop prices.

The New Development Bank, a financial institution created by the BRICS bloc of emerging markets, raised 1.5 billion rand ($79 million) at its first-ever South African bond auction.

The world’s best female footballers can achieve pay equality — if only they “convince us men” first, according to FIFA President Gianni Infantino, sparking a near-immediate backlash.

Alternative asset manager Balbec Capital LP has secured roughly $465 million in commitments for its sixth flagship fund, which will invest in consumer, residential and commercial loan portfolios.