Stock Markets Today: Negative yields, Uniper, Twitter CEO … – Bloomberg

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Insight and analysis of top stories from our award winning magazine “Bloomberg Businessweek”.
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Markets Are Wrong on Fed Rate Hikes, Morgan Stanley’s Caron Says
Energy Stocks Will Be Hot Again in 2023. But Now It’s About Dividends
Immigration Propels Canada’s Population Growth to Fresh Annual Record
Why BOJ’s Small Tweak to Bond Yields Was a Bombshell
US Consumer Confidence Jumps to Highest Level in Eight Months
Chicago’s First Casino Will Relaunch the Storied Bally’s Name
Tesla Shares Suffer Worst Year Ever. And 2023 Looks Bad, Too
Musk Says Cost-Cutting Averted $3 Billion Twitter Shortfall
Workday Names Sequoia’s Eschenbach as Co-CEO, Sets Transition
Intel Breaks Up Graphics-Chip Unit, Names Koduri Chief Architect
Texas Governor Vows Grid Will Run Robustly in Upcoming Freeze
Top White House Cybersecurity Official Plans to Step Down
Billionaire Loeb Blasts Cathie Wood for ‘Stonk Hodlers’ Mentality
Steve Cohen’s Mets Spending Spree Nears $500 Million With Correa
Paul Bettany Explores Being Art Star Andy Warhol on Broadway
Chance the Rapper to Bring Free Concert, Festival to Ghana
Wells Fargo Is in Trouble Again
Why Do We Make It So Easy to Steal Seniors’ Money?
The Perils of Lame-Duck Fiscal Policy
Taylor Swift Debacle Rekindles Ticketmaster Antitrust Worries
Big Tech’s Battle With Labor Unions Is Just Getting Started
China’s Hasty Reopening Is a Risky Bet That Beijing Can Control the Narrative
Trump to Challenge NY Sex-Abuse Survivor Law as Unconstitutional
New York State Will Now Force Companies to Include Salary Ranges in Job Ads
Germany Can Build Wind Turbines Faster After Relaxing Air Radio Rules
Giant Laser From ‘Star Trek’ to Be Tested in Fusion Breakthrough
New York’s MTA Approves Budget With Anticipated 5.5% Fare Hike
NYC Starts Legal Weed Sales in Time for the New Year, and the Profits Go to Charity
How Much Would It Cost to End Homelessness in California for Good?
 Life at the FTX Bahamas Compound (Podcast)
Hedge Funds Are Questioning Crypto’s Future (Podcast)
Jane Street Culture: A View Into SBF’s Roots (Podcast)
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Good morning. The global era of negative yields is nearing an end, Ukraine’s Zelenskiy will visit Washington and EU’s requirements for Uniper. Here’s what people are talking about. 
Japan’s two-year yield rose above zero for the first time since 2015, bringing the global era of negative yields closer to an end. The rate added as much as two basis points to 0.01% on Wednesday as the country’s debt extended declines after the central bank doubled its cap on 10-year yields on Tuesday. All other benchmark tenors have yields above zero and Bloomberg’s gauge of global negative-yielding debt only contains short-term Japanese bonds. The pool of global debt with sub-zero yields shrank to $686 billion Tuesday from more than $11 trillion at the end of 2021 as this year’s wave of global policy tightening sent bonds into the first bear market in a generation. 

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