U.S. Treasury Yields Rise Near Multi-Year Highs as Investors Assess Prospects for Interest Rate Hikes by Federal Reserve

U.S. Treasury Yields Rise Near Multi-Year Highs as Investors Assess Prospects for Interest Rate Hikes by Federal Reserve

U.S. Treasury yields rose on Monday (23rd), hovering near multi-year highs as investors continued to assess the prospects for longer-term interest rate hikes by the Federal Reserve. 6:00 a.m. ET, indicator 10-Year Treasury Bond Yieldrose 8.8 basis points to 5.012%; while the 30-year Treasury bond yield rose 8.2 basis points to 5.169%. Yield is inversely … Read more

Analyst Ming-Chi Kuo Refutes Rumors of TSMC Absorbing Apple’s Chip Defect Costs

Tianfeng International Securities analyst Ming-Chi Kuo pointed out on Wednesday (9th) that Apple and TSMC have recently reached an agreement to absorb “defective chips”, which is different from his understanding. Previously, foreign media reported that TSMC and Apple have reached an agreement. When producing custom chips for Apple, TSMC will absorb the costs related to … Read more

Taiwan Dollar Breaks Through 31.5 Yuan Mark as Japanese Yen Depreciates: Latest Updates

Taiwan Dollar Breaks Through 31.5 Yuan Mark as Japanese Yen Depreciates: Latest Updates

The Taiwan dollar breaks through the 31.5 yuan barrier, and it is temporarily closed at 31.507 yuan at noon(Photo by reporter Chen Meiying) [Reporter Chen Meiying/Taipei Report]The Bank of Japan announced the bond purchase operation, which caused the yen to continue to fall. In addition, AI concept stocks weakened, and Taiwan stocks fluctuated. At noon, … Read more