Europe's Biggest Buyer of Bonds Is Starting to Think About Selling

U.S. Treasury yields wavered Wednesday as investors assessed the monetary policy outlook after Federal Reserve Chairman Jerome Powell's latest comments. The 10-year Treasury yield was trading at 3.687%, up just 1 basis point. The yield on the 2-year Treasury was flat at 4.469%. Both yields were lower earlier in the day.

Federal Reserve Chairman Jerome Powell said Tuesday that disinflation "has begun" but is going to take time. Markets latched onto Powell's words and briefly turned positive, before flipping back to negative after he cautioned about stronger-than-expected economic data. "If we continue to get, for example, strong labor market reports or...

Tech investors are optimistic about China as the country pledges to boost the economy and regulatory headwinds abate. "I do think that they're going to do everything they can to try to spur the economic growth. It would be very surprising if there were other wide ranging regulations that came out to deter that, because it would be sending a very opposite signal," said Chibo Tang of Gobi Partners.

[The stream is slated to start at 12:40 a.m.ET. Please refresh the page if you do not see a player above at that time.]. Federal Reserve Chairman Jerome Powell speaks Tuesday afternoon in a question-and-answer session with Carlyle Group Chairman David Rubenstein. The event is being held at the Economic Club in Washington, D.C.

This is CNBC's live blog covering European markets. European markets are heading for a higher open Thursday as investors weigh up the economic outlook and interest rate trajectory. U.S. stock futures rose slightly Wednesday night as investors took in more big corporate earnings reports while stocks in the Asia-Pacific traded...

The Group of Seven industrialized countries, the European Union and Australia on Friday agreed to limit the price of Russian diesel and other refined petroleum products. The EU and its G-7 allies on Friday said they had set two price caps for Russian petroleum products. One is a $100-per-barrel cap...

Bitcoin rose above $23,000 after Federal Reserve Chair Jerome Powell addressed an economics forum in Washington, D.C., saying that inflation is coming down. Bitcoin added 1% to $23,236.80, according to Coin Metrics. Ether rose 1.3% to $1,667.63. Bitcoin struggled to hold the $23,000 level on Monday after dipping below that mark over the weekend.

A copper deficit is set to inundate global markets throughout 2023, fueled by increasingly challenged South American supply streams and higher demand pressures. Copper is a leading pulse check for economic health, and the red metal's squeeze could be an indicator that global inflationary pressures could worsen, and subsequently compel central banks to maintain their hawkish stances for longer.

BEIJING — For some factories in China, it's not full steam ahead after the end of zero-Covid. All the factories that U.S. toy maker Basic Fun works with in China — about 20 of them — told workers not to return immediately after the Lunar New Year holiday, said CEO Jay Foreman.

WASHINGTON — Commerce Secretary Gina Raimondo said Wednesday that the U.S. is considering collaborating with India on certain manufacturing jobs in order to boost competition against China. Raimondo told Jim Cramer on CNBC's "Mad Money" that she will visit India in March with a handful of U.S. CEOs to...

U.K. Prime Minister Rishi Sunak on Tuesday unveiled a new government department focused on energy security and a mini reshuffle of his cabinet. The newly launched Department for Energy Security and Net Zero will focus on securing "long-term energy supply, bringing down bills and halving inflation." Sunak named Greg Hands...