U.S. bond funds obtained net inflows
for a third straight week in the seven days to Jan. 25 as
investors remained hopeful that the Federal Reserve would
deliver a smaller 25 basis-point policy rate hike next week.
Hungary's forint clung to
eight-month peaks on Friday, with markets still wary of an S&P
ratings review due later in the day, while most other central
European currencies and stock markets also firmed.
A stronger euro on Friday lent some support to the region's
currencies. But bond yields, rallying so far in 2023, were mixed
on Friday, with Polish yields ticking down.
Citigroup said in a note it was cutting some of its
"underweight" po
Bed Bath & Beyond Inc said
on Thursday it had received a notice of default on its loan from
JPMorgan Chase Bank N.A., triggering a 22% slump in its shares.
Bed Bath & Beyond Inc has
received a notice of acceleration and default interest for its
loans from JPMorgan Chase Bank N.A., a regulatory filing showed
on Thursday.