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Treasury yields are flat as investors digest jobless claims data

Treasury yields are flat as investors digest jobless claims data

Traders work at the New York Stock Exchange on Dec. 17, 2024.NYSETreasury yields traded near the flatline Thursday morning as investors digested new data on weekly jobless claims.The yield on the 10-year Treasury turned flat at 4.581% after jumping 5 basis points...
Biggest banks sue the Federal Reserve over annual stress tests

Biggest banks sue the Federal Reserve over annual stress tests

A group of banks and business groups are suing the Federal Reserve over the annual bank stress tests.The Bank Policy Institute, which represents big banks like JPMorgan, Citigroup and Goldman Sachs, is joining the American Bankers Association, the Ohio Bankers League,...