Friday , February 21 2020

International News

Germany’s auction of negative-yielding securities highlights gloomly outlook

Bloomberg Germany’s two-year note sale on Wednesday provided more evidence that an increasingly gloomy economic outlook in the euro zone keeps driving investors to buy negative-yielding securities in return for their safety — and potential capital gains. The country’s bonds, which have returned 4.4 percent percent this year, were mostly ...

Read More »

Brokers upended as Obama toughens retirement accounts

Bloomberg US brokers managing retirement accounts must adhere to tough new standards under an Obama administration rule released on Wednesday that aims to protect millions of savers from conflicted investment advice. The Labour Department regulation, which gave the industry some concessions from an earlier proposal, puts a capstone on President ...

Read More »