Subprime Auto Bonds
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Hong Kong Shares Rise 0.7% in Morning Trade
Hong Kong’s Hang Seng Index rose in early trade, as markets reopened after the Labor Day holiday. Traders are likely digesting Fed comments on the lack of progress toward its inflation target, said IG.The Wall Street Journal - World - Hong Kong -
China EV Makers Post Higher April Sales Amid Price War
BYD and a host of other Chinese electric-vehicle makers posted higher sales and deliveries in April, offering a sign of rebounding demand amid continuing price wars.The Wall Street Journal - World - China -
What junk? High-yield bonds outperform in a turbulent April
High-yield, or “junk bonds,” outperformed in a turbulent April for financial assetsMarketWatch - Business -
Elon Musk Meets With China Official as U.S. Car Makers Tout EVs at Beijing Auto Show
While Tesla has a major base in Shanghai, it wasn't clear whether he was attending the trade show.Inc. - Business - China -
New Series I bond rate drops to 4.28%, but your rate could be much less if you bought at the peak
The fixed rate holds at 1.3% on new purchases for the next six months, but the inflation-adjusted rate is slightly lower than six months ago.MarketWatch - Business -
Treasury Department announces new Series I bond rate of 4.28% for the next six months
The U.S. Department of the Treasury announced the new rate for Series I bonds through October 2024.CNBC - Business