Steadily climbing Treasury yields and a potential Federal Reserve rate hike are threatening to produce more rockiness for utilities, a group that traditionally was one of the stock market’s.
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The price of unleaded hits 163p a litre, according to motoring group the RAC, as oil prices remain elevated.
Claudia Sahm, chief economist at New Century Advisors, reacts to the US employment report for August. She says this jobs report favors Federal Reserve officials that want to start hiking rates. She speaks on Bloomberg…
The number of roles added to the US economy increased by 162,000 in August, almost triple the 56,000 forecast.