The steepening of the Treasury curve Has been a notable feature of late, with the two- to 10-year yield spread close to flipping back into positive territory as last week wrapped up, Pepperstone said.
Chinese electric-vehicle makers reported stronger sales and deliveries in August, thanks to Beijing’s expanded trade-in program and dealers building inventories for the September and October peak season.
Atos warned that its performance this year and in 2027 will be worse than previously thought, reflecting the IT company’s struggles and the business environment in key markets.
Sanofi’s experimental multiple sclerosis drug has shown promising results in a late-stage trial, delaying disability progression in patients and paving the way for discussions with regulators about potentially bringing it to market.