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CVC targets an IPO that would value the company at more than 10 billion euros, the people said, with the company placing around 10% of its share capital, one of the people said. The private equity firm's partners are not expected to sell stock through the IPO, the people said. Blue Owl, CVC, GIC and HKMA declined to comment. On-road payments provider DKV Mobility, in which CVC has a minority holding, decided to defer its IPO plans because of volatile markets, Reuters reported earlier this month. London-headquartered CVC, which oversees more than 160 billion euros in assets, is striving to transform itself into a diversified asset manager.

Persons: de, Singapore's GIC, Renk, DIF, Glendower, Pablo Mayo Cerqueiro, Elisa Martinuzzi, Barbara Lewis Organizations: REUTERS, Partners, Reuters, CVC, Hong Kong Monetary Authority, Kuwait Investment Authority, DKV Mobility, Thomson Locations: Amsterdam, Netherlands, Kuwait, London

The House is due to hold a second vote to fill the vacant speaker's chair when it convenes at 11 a.m. It is not clear whether Jordan, a close ally of former President Donald Trump, will fare better in a second vote. At least one Republican who voted against him on Tuesday, Representative Doug LaMalfa, said he would vote for Jordan on the second ballot. "He's the only viable candidate we have," Republican Representative Thomas Massie told reporters. Democrats, meanwhile, are pressing for a bipartisan compromise that could result in more powers for Republican Representative Patrick McHenry, who is acting as temporary speaker.

Persons: Jim Jordan, Jordan, Kevin McCarthy, Donald Trump, Doug LaMalfa, Ken Buck, Jordan's, Thomas Massie, Patrick McHenry, Hakeem Jeffries, John Boehner, Joe Biden's, David Morgan, Moira Warburton, Katharine Jackson, Makini Brice, Andy Sullivan, Scott Malone, Grant McCool Organizations: U.S . House, Republican, Republicans, New Republican, U.S . Rep, U.S, Capitol, Democratic, Caucus, Committee, Biden, White, Thomson Locations: U.S, East, Ukraine, Washington

☆ Opinion | Netanyahu Led Us to Catastrophe. He Must Go.
▼ + stars: | 2023-10-18 | by ( Gershom Gorenberg | ) www.nytimes.com time to read: +2 min

In a jittery loud voice, a man from across the hall told about us the Hamas invasion of Israel that had just begun. That moment repeats on a loop in my mind — when I wake up at night and when the sirens repeat. Mr. Netanyahu has been prime minister for 13 of the past 14 years. While the head of the Shin Bet security service and the commander of military intelligence have publicly taken responsibility, the prime minister has glaringly failed to do so. But if the army and country were unprepared for the Hamas invasion — as they clearly were —- there is no place else for the buck to stop.

Persons: I’d, Hamas’s, Benjamin Netanyahu, Netanyahu, — Organizations: Shin Locations: Jerusalem, Israel, Gaza

☆ I moved to a Colorado ski town to live my dream life, but am leaving because it's too expensive and crowded
▼ + stars: | 2023-10-18 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +7 min

Callie Kuchan is returning to Illinois after finding a small ski town in Colorado too expensive. To hike, bike, ski, cross-country ski — pretty much all of the outdoor sports that I could get myself into. You're living your mundane life while being surrounded by that environment, which can be challenging mentally. Callie Kuchan moved to Breckenridge, Colorado, for the active lifestyle, but couldn't afford to live how she wanted to. Breckenridge, Colorado.

Persons: Callie Kuchan, Kuchan, —, There's, Breckenridge, Covid, it's, — it's Organizations: Service Locations: Illinois, Colorado, Breckenridge, Breckenridge , Colorado, Denver, Chicago , Illinois, Chicago, Chamonix

The vote for House speaker, once a formality in Congress, has devolved into another bitter showdown for the gavel. Bipartisan groups of lawmakers have been floating ways to operate the House by giving greater power to the interim speaker, Rep. Patrick McHenry, R-N.C., or another temporary speaker. The House had never ousted its speaker before McCarthy, and the lawmakers are in rarely tested terrain. “We can’t sit around and suck our thumbs and hope the world will wait until the House Republicans get their act together,” Gingrich told Fox News' Sean Hannity on his show. “Jim Jordan will be a great speaker,” the former president said outside a courthouse in Manhattan, where he is facing business fraud charges.

Persons: —, Jim Jordan, Donald Trump, Jordan, Jordan's, Kevin McCarthy, “ We're, ” Jordan, Hakeem Jeffries, Jeffries, Patrick McHenry, McCarthy, ”, Newt Gingrich, ” Gingrich, Sean Hannity, John Boehner, “, Hannity, “ Jim Jordan, Joe Biden, Jordan’s, Don Bacon, Murmurs, Steve Scalise, Mario Diaz, appropriator, Ken Buck, Biden, Trump, Kevin Freking, Mary Clare Jalonick Organizations: WASHINGTON, Republicans, Capitol, Democratic, GOP, Republican, Fox News, Trump, Democrat, Biden, Caucus, Ohio State University, Associated Press Locations: Ohio, New York, R, Manhattan, Ken Buck of Colorado, Jordan, Ukraine, Israel

Lacking the 217 votes he needs to claim the speaker's gavel, Jordan postponed further action until 11 a.m. ET (1500 GMT) on Wednesday, while he scrambled to pressure the 20 fellow Republicans who voted against him on Tuesday afternoon. Tuesday's failed vote meant that the House remains leaderless, as it has been since a handful of Republican insurgents engineered McCarthy's removal. Republicans control the House by a narrow 221-212 margin, giving them little room for error on divisive votes like this one. 3 House Republican, and Patrick McHenry, who is temporarily filling the speaker's chair.

Persons: Republican Jim Jordan, Jordan, Kevin McCarthy, Hakeem Jeffries, Tuesday's, Donald Trump, McCarthy, Jim Jordan, Tom Emmer, Mario Diaz, Balart, Ken Buck, Trump, Joe Biden, Patrick McHenry, Jeffries, McHenry, Pete Aguilar, decry, John Boehner, David Morgan, Makini Brice, Moira Warburton, Katharine Jackson, Andy Sullivan, Scott Malone, Jonathan Oatis, Grant McCool Organizations: Republican, U.S . House, Democratic, Democrats, U.S . Rep, Republicans, New, Scalise, New Republican, Trump, Committee, Biden, Caucus, Ohio State University, Thomson Locations: East, Ukraine, U.S, Washington, New York City, Israel

On Tuesday, 20 Republicans voted against his candidacy – far more than the handful he could afford to lose given the party’s narrow majority in Congress. These are the House Republicans who voted against Jordan in each ballot:First ballot1. Don Bacon of Nebraska voted for former House Speaker Kevin McCarthy2. Anthony D’Esposito of New York voted for former Rep. Lee Zeldin of New York4. Kelly voted for former House Speaker John Boehner15.

Persons: Jim Jordan of, Jordan –, Kevin McCarthy’s, Jordan, Don Bacon of Nebraska, Kevin McCarthy, Lori Chavez, McCarthy, Anthony D’Esposito, Lee Zeldin, Mario Diaz, Steve Scalise, Jake Ellzey, Mike Garcia, Andrew Garbarino, Carlos Gimenez, Tony Gonzales, Kay Granger, Mike Kelly, Jennifer Kiggans, Nick LaLota, Mike Lawler, John Rutherford of, Mike Simpson, Steve Womack, Ken Buck, Tom Emmer, John James of Michigan, Tom Cole, Doug LaMalfa, Victoria Spartz, Thomas Massie of, Bacon, Vern Buchanan, Byron Donalds, Buck, Chavez, DeRemer, D’Esposito, Diaz, Balart, Ellzey, Garcia, Drew Ferguson, Garbarino, Gimenez, Gonzales, Granger, James, Candice Miller, Kelly, John Boehner, Kiggans, Lawler, LaLota, Mariannette Miller, Meeks, Rutherford, Simpson, Pete Stauber, Bruce Westerman, Womack Organizations: Washington CNN — Republican, House Republicans, New York, Michigan Locations: Jim Jordan of Ohio, Oregon, New, New York, Florida, Louisiana, Texas, California, Virginia, John Rutherford of Florida, Idaho, Arkansas, Colorado, Minnesota, Oklahoma, Indiana, Thomas Massie of Kentucky, Georgia, Iowa

watch nowTraditional retirement plans aren't enoughFor years, employers' financial benefits mostly focused on offering robust workplace retirement plans. Yet, when asked where they would put an extra $600 provided by an employer, workers in the EBRI survey said they would spread it out — putting $192 toward funding retirement, $171 to emergency savings and $89 toward a health savings account, followed by paid time off, college savings and paying down college debt. Yet those numbers may increase as employers recognize the upsides for the worker and the workplace. New law gives employers more benefits flexibilityThe passage of Secure 2.0 legislation last year also gives employers more flexibility to offer emergency savings accounts. Starting next year, as much as 3% of an employee's paycheck can be automatically placed in an emergency savings account, up to a total of $2,500.

Persons: Jamie Grill, Buck, Chantel Sheaks Organizations: Center, U.S . Chamber of Commerce

☆ Deer Are Everywhere, but We Barely Know Them
▼ + stars: | 2023-10-16 | by ( Ashley Stimpson | ) www.nytimes.com time to read: +2 min

On June 4, 2013, Buck 8917 did something weird, for a deer: He took a long, purposeful walk. Researchers from Penn State had captured and put a GPS collar on the adult male that spring in Bald Eagle State Forest, about 15 miles northeast of State College, Pa. Put a tracker on most deer and you’ll find they stick pretty close to their home range, which was true for 8917. Then, in 2015, after two mating seasons, two hunting seasons and thousands of laps around his home range, Buck 8917 died — unsurprising given he was about 4 years old. Now in its 10th year, the study has tracked more than 1,200 white-tailed deer around 100 square miles of Pennsylvania forest.

Persons: Buck, sauntered, he’d Organizations: Penn State, Bald Eagle State Forest, State College , Pa, U.S . Geological Survey, of Forestry Locations: Bald, American, Pennsylvania

☆ Halloween is candy's biggest holiday. Here's how Snickers maker Mars prepares for trick-or-treaters
▼ + stars: | 2023-10-14 | by ( Amelia Lucas | ) www.cnbc.com time to read: +1 min

For 11 months of the year, Tim LeBel is Mars Wrigley's president of sales. The National Retail Federation predicts consumers will spend $3.6 billion on Halloween candy this year, up from $3.1 billion last year, even as many shoppers pull back spending elsewhere. Unlike Hershey, family-owned Mars doesn't report its financial results, but disclosed nearly $45 billion in annual revenue in 2021. With the stakes so high for Halloween, Mars starts planning for the holiday two years in advance. "A lot of those things take two years to develop and execute to bring to market," LeBel told CNBC.

Persons: Tim LeBel, Mars, Ferrero, Mondelez, …, Hershey, Michele Buck, LeBel Organizations: Mars, Hershey, National Retail Federation, CNBC

☆ Here are Friday's biggest analyst calls: Nvidia, Tesla, Dollar General, Amazon, Meta, SolarEdge & more
▼ + stars: | 2023-10-13 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

HSBC initiates American Express as buy HSBC said it sees healthy earnings growth for American Express . Mizuho reiterates Meta as buy Mizuho said it's standing by its buy rating heading into earnings later this month. Bernstein reiterates Tesla as underperform Bernstein concluded in an analysis of Tesla that the company is more of an automaker than a tech company. Barclays upgrades Varonis Systems to overweight from equal weight Barclays said it sees numerous positive catalysts ahead for the software company. Northland upgrades SolarEdge to outperform from market perform Northland said investors should buy the dip in shares of SolarEdge .

Persons: Cowen, NVDA, Mizuho, Stephens, Bernstein, Tesla, underperform Bernstein, Warren Buffett, Hershey, Morgan Stanley downgrades JD.com, Morgan Stanley, Gordon Haskett, Todd Vasos, Jeff Owen, Read, Wolfe, today's, Baird, Needham, Oppenheimer, Wells, LULU, Meghan Frank, Howard Tubin Organizations: HSBC, American, American Express, Bank of America, Nvidia, Meta, Barclays, Varonis, Hershey, JPMorgan, Post Holdings, Netflix, Citi, Oshkosh, Lam Research, Materials, Supply, VP Locations: 4Q22, Northland, SolarEdge, Israel, California

☆ BlackRock’s Larry Fink squares off with Uncle Sam
▼ + stars: | 2023-10-13 | by ( ) www.reuters.com time to read: +2 min

Laurence Fink, founder and chief executive officer of BlackRock, Inc. speaks during the Reuters Global Investment Outlook Summit in New York, U.S., November 13, 2017. REUTERS/Lucas Jackson Acquire Licensing RightsNEW YORK, Oct 13 (Reuters Breakingviews) - BlackRock (BLK.N) calls every dollar it manages a “unit of trust” expressed by clients. The trouble for the investing behemoth led by Larry Fink is that there’s an increasingly reliable custodian of such assets these days: Uncle Sam. Even so, $644 billion has crowded into retail money-market funds this year, crimping BlackRock’s all-important stock portfolios. Fink has been bulking up in infrastructure, credit and other investments that are harder to trade, but which also generate higher fees.

Persons: Laurence Fink, Lucas Jackson, ”, Larry Fink, Uncle Sam, Fink, crimping, Jonathan Guilford, Jeffrey Goldfarb, Sharon Lam Organizations: Inc, Reuters Global Investment, REUTERS, Reuters, BlackRock, Graphics, Treasury, X, Infosys, Thomson Locations: BlackRock, New York, U.S, Europe

☆ TikTokers are hacking Starbucks' app to get cheap drinks
▼ + stars: | 2023-10-13 | by ( Nancy Luna | ) www.businessinsider.com time to read: +5 min

TikTokers are hacking Starbucks' mobile app to get drinks at a deep discount. One TikToker said she knocked off about 50% on a venti iced coffee with her mobile app hack. In the video, the University of Virginia student demonstrates how she creates a large iced latte at Starbucks for half the price, or under $4, by hacking the chain's app. AdvertisementAdvertisementShe describes how to get more bang for your buck by ordering an iced drink with no ice. "This is the money-saving hack Starbucks does not want you to know about," she said.

Persons: —, TikToker, creamer, @jadeleasy, Jade, It's, Chipotle Organizations: Service, University of Virginia, Starbucks Locations: Orange , California, Americano

[1/3] Rep. Steve Scalise (R-LA) and Rep. Jim Jordan (R-OH) speak to reporters on Capitol Hill in Washington, U.S., October 29, 2019. Buck said Jordan and Scalise provided unsatisfactory answers on the question of reining in spending on Tuesday night. Scalise and Jordan have both racked up several dozen endorsements, but neither has a clear path to success. Some moderates, for example, have warned that Jordan becoming speaker would give Democrats plenty of ammunition for next year's congressional elections. "I think Jim Jordan will end up getting it, and if not, Scalise would be fine," said Representative Ralph Norman, who supports Jordan.

Persons: Steve Scalise, Jim Jordan, Erin Scott, Kevin McCarthy, McCarthy, Patrick McHenry, Tom Cole, Scalise, Jordan, Ben Cline, Ken Buck, Buck, Ralph Norman, David Morgan, Moira Warburton, Richard Cowan, Andy Sullivan, Scott Malone, Gerry Doyle, Jonathan Oatis, Deepa Babington Organizations: Capitol, REUTERS, Rights, U.S . House, Republicans, Republican, Reuters, Jordan, Thomson Locations: Washington , U.S, U.S, Jordan, Israel, Ukraine, Wednesday's, Washington

There are two declared candidates so far in the closed-door, secret-ballot vote: Majority Leader Steve Scalise, who is No. Even before lawmakers start voting on a speaker, they are expected to decide how many votes the nominee will need to win. It took only eight Republicans to oust McCarthy last week, a fact that could make leading the caucus a challenge for any new speaker. At least 217 House Republicans will need to agree on a candidate to avoid a repeat of January's messy speakership battle, when McCarthy needed 15 rounds of voting to win the speaker's gavel. Some moderates, for example, have warned that a Speaker Jordan would give Democrats plenty of ammunition for next year's congressional elections.

Persons: Evelyn Hockstein, Kevin McCarthy, Steve Scalise, Jim Jordan, McCarthy, Patrick McHenry, Scalise, Jordan, Ben Cline, Ken Buck, Buck, Kevin, Hakeem Jeffries, Donald Trump, Ralph Norman, David Morgan, Moira Warburton, Richard Cowan, Andy Sullivan, Scott Malone, Gerry Doyle Organizations: U.S . House, U.S, Capitol, REUTERS, Rights, Republicans, Republican, Reuters, Democrats, Jordan, Thomson Locations: Washington , U.S, U.S, Israel, Ukraine, Wednesday's, Washington

☆ Elite investor Jim Rogers rings the alarm on US debt and dollar dominance - and warns of bubbles in stocks and real estate
▼ + stars: | 2023-10-10 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

George Soros' former business partner said stocks, bonds, and real estate are widely overvalued. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementAmerica's debts have ballooned to dangerous highs, the US dollar's dominance won't last, and there are bubbles in stocks, bonds, and real estate across many countries, Jim Rogers has warned. Rogers is best known as George Soros' former business partner, and the cofounder of Quantum Fund and Soros Fund Management. In May, he predicted the worst bear market of his life with "trouble" across stocks, bonds, real estate, and currencies.

Persons: Jim Rogers, George Soros, Rogers, —, dollarization Organizations: Service, YouTube, Quantum Fund, Soros Fund Management Locations: United States, China, Brazil, Russia, India, South Africa

Mateo Askaripour's 'This Great Hemisphere' Is a Novel About Power Set 500 Years From NowMateo Askaripour is set to publish a follow-up to his acclaimed debut novel “Black Buck.”

Persons: Mateo Askaripour's, Mateo Askaripour, Black Buck, ”

☆ Don't worry about dedollarization – the yuan has a 'paltry' share of reserves, so the buck is going nowhere, RBC says
▼ + stars: | 2023-10-10 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

The rival yuan doesn't pose a credible threat to the buck, strategist Alan Robinson said in a recent research note. "While China would like its renminbi to topple the dollar, that currency's share of global reserves remains a paltry 2.5%," he wrote. AdvertisementAdvertisement"We don't think any single currency is positioned to replace the dollar in the global reserve system," Robinson added. The greenback had a 59% share of global reserves at the end of the second quarter of 2023, per the IMF. The buck has clung onto its role as the dominant global currency despite China and Russia stepping up their efforts to undermine it since the Kremlin invaded Ukraine in February 2022.

Persons: Alan Robinson, —, Robinson Organizations: RBC Wealth Management, Service, Global, International Monetary Fund Locations: China, Russia, Kremlin, Ukraine, Beijing, Moscow, Russian

☆ Two childhood friends wanted better, cooler earplugs—their startup brought in $44 million last year
▼ + stars: | 2023-10-10 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +5 min

Maarten Bodewes, left, and Dimitri O are childhood friends and the co-founders of Loop Earplugs. Maarten Bodewes Co-founder, Loop EarplugsEach co-founder spent roughly $40,000 to get Loop off the ground — "as far as I could go on my money," says Bodewes. "[We] 3D printed different prototypes, different shapes, different lengths of canals, sound entries, different filters that we tested," he adds. "The nightlife part is still driving a lot of our sales," Bodewes says. Source: Loop Earplugs

Persons: Maarten Bodewes, Dimitri O, you've, Taylor Swift, They're, ’, ‘, Bodewes, Wired, Loop's earplugs Organizations: CNBC, Microsoft, Saturn, Belgian Locations: Belgian, Brussels, U.S, Europe

House Republicans are expected to hear from speaker candidates behind closed doors on Tuesday and vote to choose their nominee on Wednesday. A House floor vote to elect a replacement for Republican former Speaker Kevin McCarthy could come later in the week. "It's not ideal," Republican Representative Michael McCaul told CNN on Sunday. "What kind of message are we sending to our adversaries when we can't govern, when we're dysfunctional, when we don't even have a speaker of the House?" "I am not going to support anybody until the conference figures out spending," Republican Representative Ken Buck told ABC's "This Week" on Sunday.

Persons: Ronen, Jim Jordan, Barack Obama, Kevin McCarthy, Michael McCaul, Jordan, we've, Steve Scalise, Ken Buck, ABC's, Matt Gaetz, McCarthy’s, Joe Biden, Benjamin Netanyahu, Chris Christie, They're, Joey Roulette, David Morgan, Heather Timmons, Lisa Shumaker Organizations: REUTERS, Rights, U.S . House, Republicans, Republican, CNN, Fox News, Sunday, Democrat, Israeli, Israeli Defense Forces, Thomson Locations: Israeli, Gaza, Sderot, Israel, U.S, Louisiana, Florida

☆ Menopause symptoms: How to prepare for effects on your brain
▼ + stars: | 2023-10-07 | by ( Andrea Kane | ) edition.cnn.com time to read: +9 min

Each episode will focus on one of those states — the distracted brain, the frightened brain, the nourished brain, etc. (While her paper was published in 2021 in Nature Scientific Reports, Mosconi has kept adding women’s brain scans to her database.) She adds that what happens during menopause can have implications for brain health in later years. “Active smoking is a huge ‘no’ for both menopause but also for brain health,” she said. “Physical activity is really supportive of hormonal health and brain health,” she noted.

Persons: Sanjay Gupta, —, ” Lisa Mosconi, ” Mosconi, Mosconi, Lisa Mosconi, That’s, ”, “, they’re, I’m Organizations: CNN, Weill Cornell Medicine, Nature Locations: New York City

☆ Iraq is set to fuel de-dollarization by banning the buck from being used in cash transactions, report says
▼ + stars: | 2023-10-06 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

Iraq is about to become the latest country to join the de-dollarization drive, per Reuters. The greenback will be banned from being used in cash transactions and withdrawals from January 1, the outlet reported. Several countries, including China and Russia, have made efforts to fuel the de-dollarization movement this year. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "But don't talk to me about cash dollars anymore."

Persons: —, Mazen Ahmed, Ahmed, Vladimir Putin Organizations: Reuters, Service, greenback, Iraq isn't Locations: Iraq, China, Russia, Iraqi, New York, Beijing

☆ Buy this 'recession-resistant' auto retail stock, Citi says
▼ + stars: | 2023-10-05 | by ( Pia Singh | ) www.cnbc.com time to read: +1 min

Citi thinks O'Reilly Automotive will buck the broader weakness in the retail market. The bank upgraded the auto parts retailer to buy from neutral and raised its price target to $1,040 per share from $983. "We think the recent pullback in the shares presents an attractive buying opportunity for the stable, defensive retail stock," analyst Steven Zaccone wrote in a Thursday note. "Our target multiple is also at a slight premium to the market share leaders retail basket given the recession-resistant aspect of ORLY's business and consistent margin execution." "ORLY is the most consistent of the auto parts retailers historically.

Persons: O'Reilly, Steven Zaccone, Zaccone, — CNBC's Michael Bloom Organizations: Citi Locations: ORLY

☆ Bill Gates says America has a math problem. Here are his three suggestions to help kids learn to love the subject like he does.
▼ + stars: | 2023-10-05 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

Bill Gates wrote a blog post suggesting three ways to improve math education. AdvertisementAdvertisementHe believes that math skills are a "powerful indicator" of future success. Gates wrote. The new approach to math seems to be working at Chula Vista: Math proficiency rates have increased 18% over the past three years at the school, Gates wrote. College grads who land high-earning jobs often major in fields that require strong math skills.

Persons: Bill Gates, —, Gates, hasn't, Amilcar Fernandez —, Fernandez, Mr, there's, Melinda — Organizations: Service, Microsoft, Chula Vista Middle, Networks, School, Gates Foundation, Chula Vista —, College grads, New York Federal Reserve Locations: Chula, Southern California, Chula Vista

☆ Soaring Treasury yields ignite turbulence throughout markets
▼ + stars: | 2023-10-05 | by ( Saqib Iqbal Ahmed | ) www.reuters.com time to read: +4 min

Because the $25-trillion Treasury market is considered the bedrock of the global financial system, soaring yields on U.S. government bonds have had wide-ranging effects. Higher Treasury yields can curb investors' appetite for stocks and other risky assets by tightening financial conditions as they raise the cost of credit for companies and individuals. With some Treasury maturities offering far above 5% to investors holding the bonds to term, rising yields have also dulled the allure of equities. Reuters GraphicsWith Treasury yields surging, credit market spreads have widened as investors demand a higher yield on riskier assets, such as corporate bonds. The MOVE index (.MOVE), a measure of expected volatility in U.S. Treasuries, has surged to a 4-month high, signaling expectations for continued Treasury market ructions.

Persons: Andrew Kelly, That's, Saqib Iqbal Ahmed, Davide Barbuscia, Ira Iosebashvili, Nick Zieminski Organizations: United States Department of, Washington , D.C, REUTERS, Treasury, Federal Reserve, Bank of America Global Research, Reuters, Traders, Reuters Graphics, Silicon Valley Bank, Signature Bank, Thomson Locations: Washington ,, U.S, Silicon

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