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Higher Yields Let Bond Investors Be Choosy: JPM's Herr

2 days 23 hours ago
Kay Herr, US GFICC CIO at JPMorgan Asset Management, says higher yields and heavy debt issuance are giving bond investors more choice after years of having to stretch for income. She says investors can be more selective about credit as they weigh productive corporate borrowing against growing sovereign debt and uncertainty. She speaks on "Bloomberg Surveillance." (Source: Bloomberg)

Chipotle Jumps on Report Starbucks Explored a Takeover

2 days 23 hours ago
Chipotle Mexican Grill shares jumped after the Financial Times reported that Starbucks has reportedly worked with advisers in recent months on a takeover proposal for Chipotle, according to the Financial Times. Starbucks Chief Executive Officer Brian Niccol previously spent six years as the top executive at Chipotle. Michael Halen of Bloomberg Intelligence has more. (Source: Bloomberg)

Corn Starting Thursday with Fractional Gains

2 days 23 hours ago
Corn price action is just fractionally higher on Thursday morning. Futures faded back some of the Tuesday rally, posting Wednesday losses of 2 to 6 cents across most contracts. Open interest was up 8,943 contracts on Wednesday, mainly in the March contract. The CmdtyView national average Cash Corn price was...
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Wheat Trading with Marginal Thursday AM Strength

2 days 23 hours ago
Wheat is showing 1 to 2 cent gains across most contracts on Thursday morning. The wheat complex failed follow through from Tuesday’s strength on Wednesday, with weakness. Chicago SRW contracts were down 13 ¾ to 17 ¾ cents across the board. Open interest was up 2,739 contracts. KC HRW futures...
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