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☆ Djokovic dazzles on return to action at Laver Cup
  + stars: | 2022-09-24 | by ( Martyn Herman | ) www.reuters.com   time to read: +4 min
With Roger Federer watching on from courtside at a sold out O2 Arena, the day after his emotional farewell match alongside Rafa Nadal, Djokovic returned to action in spellbinding fashion. U.S. Open semi-finalist Tiafoe was helpless to stop the Djokovic onslaught as the Serb won 6-1 6-3 to put Bjorn Borg's Team Europe into a 6-4 lead overall. Register now for FREE unlimited access to Reuters.com RegisterFormer world number one Djokovic was due back on court later to partner Italian Matteo Berrettini in a doubles against Team World pairing Jack Sock and Alex De Minaur. At one point Federer suggested world number eight should serve and volley, which Norrie promptly did but lost the point as Fritz sent a lob over his head. "If Roger Federer is telling you to do something, there is no chance I'm not going to do it, especially out there playing for Team Europe," Norrie said later.
☆ Analysis: No relief for bruised markets as Fed signals higher rates for longer
  + stars: | 2022-09-22 | by ( Davide Barbuscia David Randall | Davide Barbuscia | David Randall | ) www.reuters.com   time to read: +5 min
That left the yield curve even more inverted, a signal of looming recession. Those declines have come as the Fed has already tightened rates by 300 basis points this year. "We might not see as strong returns in the equity markets going forward now that interest rates have been somewhat normalized." The shape of the Treasury yield curve, where short-term rates stand above longer-term ones, supports caution as well. Known as an inverted yield curve, the phenomenon has preceded past recessions.
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