CEO Buyouts and $600M Tenders: Growth Equity's New Playbook
Priority Technology's CEO buys his own company at a 65% premium; Vitruvian leads a $600M Angle Health tender; Fed hike pushes buyout debt to 9.4% as hidden loan trouble hits 4.7%.
Topic
Interest Rates
Topic
Interest Rates
10-Year Treasury Yield Hits 5.21%, Highest Since 2007
The 10-year Treasury yield reached 5.21%, the highest since 2007, pushing mortgage rates to 7.45%. Economists are split on whethe…
Richmond Fed's Barkin: The 'AI Apocalypse' Hasn't Arrived
Richmond Fed President Tom Barkin says the 'AI apocalypse' hasn't arrived. Firms are redeploying, not cutting staff, as the Fed h…
Treasury's Second Buyback in Two Weeks Fails to Stop Bond Selloff
The 10-year Treasury yield closed at 5.163% on Thursday, its highest since July 2007, as the Treasury's second buyback this month…
Fed Hikes Aim to Break Corporate Habit of Passing On Price Rises
Richmond Fed President Tom Barkin says last week's rate hike aims to make companies reconsider further price increases as inflati…
8% Mortgage Rates Are 'Not an Impossibility' as 30-Year Fixed Surges
The 30-year fixed mortgage rate is surging as the 10-year Treasury climbs sharply, and some market watchers say 8% mortgage rates…
Clocktower Strategist Sees S&P 500 Slumping to 6,300 in 2027
Clocktower's Eric Wallerstein sees the S&P 500 falling to 6,300 in 2027, nearly 20% below current levels, as rate hikes and risin…
Fed Fund Futures Price 75% Odds of October Hike as Yields Break 5%
Traders price a 75% chance of an October Fed hike as 10-year yields pass 5.1%, forcing Chair Kevin Warsh to choose between market…
Richmond Fed's Barkin: Inflation Risks Outweigh Employment Risks
Richmond Fed President Tom Barkin says inflation risks outweigh employment risks after last week's rate hike, leaving the door op…
Bond Market Is Pricing Too Many Fed Hikes, Ex-Dallas Fed Chief Kaplan Says
Former Dallas Fed President Robert Kaplan says markets are overpricing Fed hikes: September's move was right, October should brin…
Mizuho Cuts Equity LifeStyle to Neutral, Target Slashed to $65
Mizuho cut ELS to Neutral with a $65 target as high rates and soft travel demand weigh. The stock closed at $60.44, near its 52-w…