US Stocks Edge Up as Treasury Yield Curve Steepens; Fed Holds Rates
Major US indexes ended slightly higher and the Treasury yield curve steepened Wednesday after the Federal Reserve left interest rates unchanged, as widely expected.
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Texas Capital Bancshares Reports Record Q3 Adjusted EPS and Revenue
Texas Capital Bancshares reported record third-quarter adjusted earnings per share of $2.35, up 8% year over year, and adjusted revenue of $357 million, up 5%. The company also authorized a new $200 million share repurchase after completing its prior buyback plan.
US Treasury Yield Curve Steepens
US Treasury 2/10 yield curve briefly flattens after CPI data, now steepening at 47 BPs
Treasury Curve Steepens
Treasury curve flashes warning of higher rates for longer under Warsh. Implications for monetary policy and economy.