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
Government Debt/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
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
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...
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...
