US stocks fall as the 10-year US Treasury yield approaches 5% and Powell says inflation 'still too high'

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Federal Reserve Chair Jerome Powell
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on February 01, 2023 in Washington, DC.

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Jerome Powell says Fed will let bond market volatility 'play out' amid historic Treasury collapse

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Fed Chair Jerome Powell

Samuel Corum/Getty Images

CHART OF THE DAY: Industrial output shows high interest rates aren't hurting the economy yet

Tech Insider : Economy, Economy
Rates and economy

Ned Davis Research

The market's largest bond ETF hits 16-year low amid a breathless Treasury sell-off

Tech Insider : Economy
New York Stock Exchange traders in October 2023, watching indexes on monitors.
The bond market sell-off is sending Treasury ETFs for a nosedive.

ANGELA WEISS / Getty Contributor

From a likely recession to a weakening shekel, here's how the conflict with Hamas is impacting Israel's economy and markets

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Israeli troops patrol in an undisclosed location along the border with the Gaza Strip on October 19, 2023
Israel's conflict with Hamas is set to have a slate of financial and economic ramifications.

JACK GUEZ / Getty Contributor

Venezuelan sovereign bonds soar 90% as US allows the return of American investors

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nicolas maduro
Venezuela's President Nicolas Maduro.

Reuters

Home sales have plummeted to their lowest in 13 years as 8% mortgage rates batter the housing market

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Mortgage home sales
Sky-high mortgage rates keep battering the US housing market, with the 30-year fixed mortgage clocking in at 8% this week.

Lucas Jackson/Reuters

'Valuation looks increasingly unsustainable': Here's how Wall Street is reacting to Tesla's third-quarter earnings miss

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Tesla CEO Elon Musk gestures toward a Cybertruck
Lots of question marks remain about Elon Musk's polarizing Cybertruck.

Photo by Frederic J. BROWN / AFP via Getty Images

High bond yields and a strong dollar could be here for longer, as policy conditions mirror the 1980s, Bank of America says

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Treasury check and dollars

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Distressed commercial real estate debt hit $80 billion last quarter, the highest amount in a decade

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office building bankers workers employees
There's around $216 billion of potentially distressed commercial real estate properties, according to MSCI Real Assets.

REUTERS/Carlo Allegri

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