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Citigroup lowered its target price for McDonald's from $305 to $295.

2026-10-20

Citigroup lowered its target price for McDonald's from $305 to $295.

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2026-10-20

Japan Prime Minister Takaichi said food prices will reflect a cut in the consumption tax on food.

Japan Prime Minister Takaichi said food prices will reflect a cut in the consumption tax on food.
2026-10-20

Demand at Tuesday's auction of Japan 20-year government bonds set a record: bid-cover ratio 5.84, versus 4.01 at the prior auction and a 12-month average of 3.73. The auction tail — the gap between the average accepted price and the lowest accepted p

Demand at Tuesday's auction of Japan 20-year government bonds set a record: bid-cover ratio 5.84, versus 4.01 at the prior auction and a 12-month average of 3.73. The auction tail — the gap between the average accepted price and the lowest accepted price — tightened to 0.07 from 0.15 last month, signaling strong takedown. Ultra-long JGB yields have risen to multi-decade highs (20-year yields reached roughly a 30-year high earlier this month; 30-year yields hit a record), while escalating Middle East tensions and higher oil prices have driven global bond selling and amplified investor worries about inflation and fiscal positions.
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