Bank of Japan Hints It Will Accept Higher Rates, Lifting Bond Yields
The central bank calls cap on government bond yields a reference point, not a rigid limit. Source link
bond markets
Municipal Bond Issuers on Edge as Debt Ceiling Deadline Nears
City and state governments fear a potential surge in borrowing costs and curtailed federal spending. Source link
GOP, Democrats Draw Red Lines Ahead of Biden Debt-Ceiling Meeting
The outlines of a possible deal to raise the debt ceiling and limit spending are starting to emerge, but negotiators...
Global markets sink after sharp selloff in US bank stocks | CNN Business
London/Hong Kong CNN — Markets in Europe and Asia tumbled Friday following a sharp selloff in banking stocks in the...
Bank of Japan keeps low rates as Kuroda sticks to script at swan song meeting | CNN Business
Tokyo Reuters — The Bank of Japan (BOJ) maintained ultra-low interest rates on Friday and held off making changes to...
Slowing Growth Edges Out Inflation as Top Concern
Equities and fixed-income markets have diverged in December, suggesting that investors’ preoccupation with inflation is fading. Source link
WSJ News Exclusive | Elon Musk’s Twitter Takeover Debt to Be Held by Banks Amid Turbulent Markets
Banks that committed to help finance Elon Musk’s takeover of Twitter Inc. plan to hold all $13 billion of debt...
U.K. Market Woes Threaten Economic and Political Crisis
The U.K. continued to try to stave off a financial and economic crisis on Wednesday as the country’s central bank...
U.K.’s Sweeping Tax Cuts Send Pound Tumbling, Yields Higher
LONDON—The British government unveiled the biggest tax cuts since the early 1970s in a high-stakes bet to jolt the U.K.’s...
Fed Rate Decision Sends U.S. Treasury Yields in Different Directions
Shorter-term Treasury yields ticked higher while longer-term yields fell Wednesday after the Federal Reserve signaled interest rates will likely climb...
Netflix Plunge Deepens Nasdaq’s Correction
Plunging shares of Netflix Inc. NFLX -21.79% and other streamers dragged the Nasdaq Composite Index deeper into correction territory Friday,...
Central Banks Fuel New Bets on Tighter Money as Inflation Rises Globally
Stubbornly high inflation across more wealthy economies last week prompted a shakeout in bond markets as investors began expecting central...
Treasury Market Meltdown in 2020 Shows Need for Overhaul, Report Finds
A global dash for cash sparked by the coronavirus pandemic in March 2020 forced the Federal Reserve to buy hundreds...
Chicago Casino Would Be a Costly Bet, Gambling Operators Say
Chicago leaders are searching for a company to build the city’s first casino, but big gambling operators are concerned that...
Governments World-Wide Gorge on Record Debt, Testing New Limits
The pandemic has pushed global government debt to the highest level since World War II, surpassing the world’s annual economic...
Fed to Sell Corporate Bonds and ETFs Acquired During Covid-19 Crisis
The Federal Reserve will soon begin selling off the corporate bonds and exchange-traded funds it amassed last year through an...
Alibaba Sells $5 Billion of Bonds
Alibaba Group Holding Ltd. BABA 1.34% sold $5 billion of bonds, showing investors remain eager to back the Chinese e-commerce...
