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Sumitomo Mitsui DS AM’s Kunibe Exits French Bonds

18 hours 15 minutes ago
Sumitomo Mitsui DS Asset Management’s Shinji Kunibe said that funds in his global fixed-income group have sold their entire holdings of French government bonds amid concerns about the nation’s fiscal situation, shifting funds to German bunds and short-term Japanese government bonds.
Mia Glass

US Adds Carrier and 10,000 Troops to Mideast: Official

18 hours 25 minutes ago
The Pentagon is deploying an additional aircraft carrier and 10,000 sailors and Marines to the Persian Gulf, according to a US official, a move that gives American commanders more options if President Donald Trump chooses to escalate attacks on Iran. (Source: Bloomberg)