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People walk by the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 9, 2021.

Analysis-U.S. Treasuries Yield Curve Flashes Red To Investors

The U.S. Treasury yield curve is flashing a warning sign to Wall Street, where many are worried that a recession could be in store after bond investors pushed up short-term rates to the point where yields on the two-year Treasury were actually higher than the 10-year Treasury.
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Hong Kong Replaces State Street As Manager Of Largest ETF

A supervisory body of Hong Kong's central bank has decided to replace a unit of State Street Corp as manager of the territory's largest exchange-traded fund of more than $14 billion, the first such move since the vehicle was launched more than two decades ago.
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Wall St Climbs On Russia-Ukraine Optimism

U.S. stocks rose on Tuesday, with the Dow and S&P on track for their fourth straight session of gains, on optimism progress was being made toward a deal to resolve the conflict between Russia and Ukraine.
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TIM Board To Examine Private Equity Interest

The board of Telecom Italia (TIM) will on Tuesday start examining a proposal from CVC for a stake in its enterprise services business and its directors will be also be briefed on discussions with KKR over a rival approach.

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