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(Bloomberg) — In times of Treasury turmoil, the biggest investor outside American soil has historically lent a helping hand. Not this time round. Most Read from Bloomberg Japanese institutional managers — known for their legendary U.S. debt buying sprees in recent decades — are now fueling the great bond selloff just as the Federal Reserve pares its $9 trillion balance sheet. The latest data from BMO Capital Markets show the largest overseas holder of Treasuries has offloaded almost $60… Source link

Don’t sleep on the champs. They seem to take it personal. As the Boston Celtics garnered most of the first-round hype with an emphatic sweep of the Brooklyn Nets, the Milwaukee Bucks quietly dispatched of the Chicago Bulls in five games. Well, the Bucks made plenty of noise on Sunday. Milwaukee entered Game 1 of the Eastern Conference semifinals as an underdog. That status is sure to change after an emphatic 101-89 road win over Boston with injured All-Star Khris Middleton watching on the… Source link

(Bloomberg) — The global shift away from easy money is poised to accelerate as a pandemic bond-buying blitz by central banks swings into reverse, threatening another shock to the world’s economies and financial markets. Most Read from Bloomberg Bloomberg Economics estimates that policy makers in the Group of Seven countries will shrink their balance sheets by about $410 billion in the remainder of 2022. It’s a stark turnaround from last year, when they added $2.8 trillion — taking the… Source link

The picks are in, from No. 1 (Travon Walker to the Jacksonville Jaguars) through No. 263 (Brock Purdy to the San Francisco 49ers), and we have broken all of them down. Here are our final NFC team-by-team grades for the 2022 NFL draft (picks listed by round and overall pick): NFC East Picks: 1-24: Tulsa OT Tyler Smith; 2-56: Mississippi EDGE Sam Williams; 3-88; South Alabama WR Jalen Tolbert; 4-129: Wisconsin TE Jake Ferguson; 5-155: North Dakota OT Matt Waletzko; 5-167: Fresno State CB DaRon… Source link

After a brutal month for equity investors in April, May is kicking off with a host of major market events that could further stoke volatility across risk assets. One of the focal points this week will be the Federal Reserve’s May monetary policy meeting, which will take place Tuesday and Wednesday. Market participants expect at the conclusion of this meeting, central bank officials will opt to raise interest rates by 50 basis points, representing the first hike of more than 25 basis points… Source link

Nothing says “Happy Mother’s Day” like a fried chicken bouquet … right? KFC (YUM), known for its wacky marketing campaigns ranging from a fried chicken-scented firelog to a 3-foot-long chicken sandwich pillow, is celebrating mothers everywhere with a new collaboration alongside flower delivery brand Proflowers, appropriately dubbed the “Kentucky Fried Buckquet.” The new offering is a DIY fried chicken floral arrangement that’s meant to accompany a KFC sides lovers meal. Customers who… Source link

It’s official. The all-electric Porsche Taycan sedan is more popular than the iconic 911 sports car. Last year Porsche sold 41,296 Taycans, topping sales of the 911, but it should be noted the 911 also hit a new sales record of 38,464 cars sold. The popularity and response the Taycan received has pushed Porsche further with EVs, now into the realm of sports cars. “By the middle of the decade, we want to offer our mid-engine 718 sports car exclusively in an all-electric form,” Porsche CEO… Source link

When it comes to getting the best return on investment in the housing market, one real estate investor swears on student housing. “I think that’s the safest bet in real estate,” said Rogers Healy, CEO and Owner of Dallas real estate company Rogers Healy and Associates (video above). The student housing market is what initially drew Healy to real estate: He gained his footing in the real estate market as an undergraduate at Southern Methodist University in 2001. “If I could go do it all… Source link

This article is part of our Yahoo DFS Basketball series. The opening round didn’t feature any Game 7s, but it was still phenomenal. With that said, this is where the good stuff begins. It definitely feels like we have the eight-best teams remaining, and it’s tough to know who’s the best of the bunch. Any argument can be made for all eight to go all the way, and it’ll be fun to watch them battle it out. We’re kicking off the Eastern Conference Semifinals here, and we’ll dive deep into… Source link

Artwork by Casielle Santos-Gaerlan In celebration of AAPI Heritage Month, Yahoo commissioned first generation Filipino-American illustrator and fine artist Casielle Santos-Gaerlan to re-imagine the Yahoo logo. Santos-Gaerlan, a Brooklyn native, sees the month of May as a chance to highlight the greatness of the community, but also as a chance to reflect on the progress still needed ahead. “It’s an opportunity to celebrate the stories of Asians, Asian Americans, Pacific Islanders and how… Source link