Bond yields suddenly retreat from recent highs as buyers step back into the Treasury market

House price growth slowed in July as housing market activity remained subdued against a backdrop of economic uncertainty, according to Nationwide. The building society’s latest House Price Index showed annual house price growth eased to 1.8% in July, down from 2.2% in June. On a seasonally adjusted monthly basis, prices rose by 0.1%, following broadly…

Walmart is reportedly rolling out a new line of clothing to court younger consumers. The retailer’s Scenario brand is set to debut this week, with most items costing under $25 as Walmart seeks to appeal to its core of discount shoppers and regain ground from Amazon, The Wall Street Journal (WSJ) reported Sunday (Aug. 23)….

“The Fed needs to make sure that everyone understands that they maintain their dual mandate, and that inflation is more important right now than unemployment, because we’ve seen solid jobs numbers,” she said. “They need to put a lid on inflation and raise rates.” The August jobs report, which showed 162,000 payroll gains with the…

Citadel Securities’ strategist Frank Flight says a bet that appears to be one-sided against long-term bonds could be setting up for a painful unwind.

New data showed that demand for energy-efficient features has been rising, creating a golden opportunity for higher sale prices and rental returns. The Efficiency Edge report, by Cotality and the Real Estate Institute of Australia (REIA), found that “green” properties could be sold for 66 per cent above local suburb medians, while rental returns could…