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US debt yields touch Highe11-year highs

Yields on 10-year US debt touched their highest level since April 2011 on Monday as investors prepare for another interest rate hike by the Fed. The expectation that the Federal Reserve (Fed) will raise key interest rates by 75 or 100 basis points this week

European markets end lower, but banking stocks rise

European markets saw choppy trade Thursday, although banking stocks maintained strong gains. The pan-European Stoxx 600 was down 0.59% as trading closed in London, after flipping between mild losses and gains during the morning. Banking stocks, however, added 1.71% following a Morgan Stanley analyst note