Latest news with #TonyRodriguez
Time of India
28-05-2025
- Business
- Time of India
Asian shares track Wall Street gains, bonds steady
Asian shares gained at the open, tracking the biggest rally on Wall Street in more than two weeks, as sentiment was boosted by a rebound in US consumer confidence and a global surge in bonds. A regional stock gauge rose 0.4% led by shares in Japan, which jumped more than 1%. Yields on the 30-year Treasury were steady after posting their biggest one-day slide since late March, on signs that Japan may adjust debt sales following a market rout. The dollar edged down, while the yen strengthened. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo Investors are awaiting Nvidia Corp. earnings and a key 40-year government bond auction in Japan Wednesday to see if the momentum can be sustained. Tuesday's rebound broke a 'Sell America' trend in the markets that was most visible in the dollar after President Donald Trump unleashed his tariff war and pushed for tax cuts, which raised concerns about US fiscal deficit. 'There is a little bit more optimism. It's certainly a calmer market,' Tony Rodriguez, Nuveen's head of fixed income strategy, said on Bloomberg TV. Still, 'we're settling into a range that feels very tenuous because there's so much uncertainty.' Browbeaten long-bond investors got some relief on Tuesday as a global debt rally sent benchmark yields tumbling. Solid demand for a $69 billion sale of two-year Treasuries added to the advance in the US. Live Events Concerns on the ability of governments to cover massive budget deficits weighed on developed-market debt in recent days, pushing long-dated US yields toward levels last seen in 2007. In Japan, investors will be focused on the key bond sale on Wednesday. The Ministry of Finance's debt sale is coming at a time when long-term borrowing costs have also surged in other major economies, including the US. Japan's yields, particularly in the super-long sector, have been on the rise as the Bank of Japan scales back its bond purchases, while life insurers are failing to fill in that gap. In Asian company earnings, Xiaomi Corp. reported better-than-expected revenue in the March quarter as it moves to aggressively expand its presence in China's EV market and grow its core smartphone business. Shares of Temu owner PDD Holdings Inc. plunged in US trading after its quarterly sales and profit missed estimates, underscoring how trade tensions between Beijing and Washington are taking a toll on its business. Meanwhile, US consumer confidence rebounded sharply in May from a near five-year low as the outlook for the economy and labor market improved amid a truce on tariffs. Despite widespread apprehension among consumers and companies alike, the economy at large and the job market in particular have held up fairly well. Tariffs will probably take months to make their way through the economy, forecasters say, and consumers have so far been shielded from the brunt of the impact by retailers absorbing much of the higher costs. 'The book is far from closed on tariffs, as we saw over the past few days with the threat of 50% tariffs for the EU, but financial markets seem ready to move past it, and these numbers suggest that households may be moving in that direction as well,' Stephen Stanley, chief economist at Santander US Capital Markets, said in a note. Elsewhere, the US government is poised to receive a so-called golden share in United States Steel Corp. as a condition for approving Nippon Steel Corp.'s proposed acquisition of the American company, according to people familiar with the matter.
Bloomberg
27-05-2025
- Business
- Bloomberg
S&P 500 Climbs 2% on Economic and Trade Optimism
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Tony Rodriguez, Nuveen, Kai Haakon E. Liekefett, Sidley Austin LLP, Timna Tanners, Wolfe Research, Chad Tredway, JPMorgan Asset Management, Thomas Buckley, Bloomberg News, Holly MacDonald, Bessemer Trust, Ed Mills, Raymond James, Akayla Gardner, Bloomberg News, Sarah Green Carmichael, Bloomberg Opinion, Dana Telsey, Tesley Advisory Group, Doug Clinton, Intelligent Alpha, Jason Kelly, Bloomberg News. (Source: Bloomberg)
Bloomberg
16-05-2025
- Business
- Bloomberg
Sentiment Data Keeps Fed Alert: PGIM's Tipp
PGIM Fixed Income Chief Investment Strategist and Head of Global Bonds Robert Tipp says the University of Michigan sentiment survey data shows good numbers. Nuveen Head of Fixed Income Strategy Tony Rodriguez sees some modest pressure lower in yields next 6 to 18 months. They speak with Dani Burger on "Real Yield." (Source: Bloomberg)
Yahoo
08-05-2025
- Yahoo
More on the volunteer group that led to local man's child enticement charges
FAIRPORT, N.Y. (WROC) — While this case allegedly started on the app Roblox, it came to a head earlier this year at the Fairport Public Library. Fairport Police Chief Matthew Barnes says a group out of Texas convinced Tony Rodriguez, 40, of Fairport, that he was talking with an 11-year-old girl and asked him to meet up at the library. Fairport man accused of using Roblox to contact minors for sex Barnes says the group did the right thing and alerted local police to the situation allowing them and the FBI to conduct their own investigation, which led to the federal child enticement charges Rodriguez is now facing. Some groups, Barnes says, get physical with the accused, which isn't just illegal, but can also muddy the legal process. 'So if people are trying to take action because sometimes law enforcement maybe, I'm not going to say handcuffed, but behind due to several issues, I can't say it's wrong, but as long as they would coordinate with police and try to work hand in hand with them especially when they come from out of state, in our case they came from out of state,' Barnes said. As it happens, that Texas group came in first, then a few weeks later Barnes says another group – this one out of Pennsylvania – pointed the finger at the same man, Tony Rodriguez, and accused him of basically the same thing only this interaction, the said, was on Facebook. Barnes says kids are targeted are all the time these days, so parents need to monitor their kid's online activity. 'Get involved in your kids' lives, have a relationship with your kids, this is nothing new, I shouldn't be preaching anything new about what to do with kids, and if this is new to you then shame on you as a parent,' Barnes said. 'You make room for other things in life, you brought a kid into this world, make time for them. It's sickening how widespread this is, it really is.' To learn about parental controls in Roblox, click here. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. For the latest news, weather, sports, and streaming video, head to RochesterFirst.
Bloomberg
25-02-2025
- Business
- Bloomberg
How Nuveen's Rodriguez Is Playing the Fixed Income Market
Bloomberg Markets: The Close Tony Rodriguez, Nuveen's head of fixed income strategy, says he's not calling for a recession and discusses his outlook for the fixed income market on "Bloomberg The Close." (Source: Bloomberg)
