Benchmark U.S. 10-year yield falls below 4%, hits lowest level since early April
Benchmark U.S. 10-year yield falls below 4%, hits lowest level since early April
Category: interest rates
PSEi back to the doldrums; rate cut comes too late
MANILA, Philippines – Profit taking early in the trading day quickly snapped the two-day winning streak of the benchmark stock index on Thursday, with the surprise interest rate cut optimism coming in too late. By the end of the session, the Philippine Stock Exchange Index (PSEi) lost 0.68 percent, or 41.34 points, to 6,057.40. Likewise,