(Bloomberg) — A gauge of Asian equities fell amid a subdued tone in markets on Friday after Thanksgiving in the US. Treasuries rose as trading resumed after the holiday. Most Read from Bloomberg Hong Kong-listed technology stocks led declines in Chinese shares as investors weighed recent gains against an upswing in Covid-19 infections and lockdown-like … Read more
Breadcrumb Trail Links PMN Business Author of the article: Article content LONDON — U.S. Treasury yields traded mostly steady on Wednesday, as the results so far for the mid-term elections did not show the anticipated “red wave” resounding Republican victory that some expected, leaving investors to focus on upcoming inflation data. Control of Congress was … Read more
(Bloomberg) — US Treasuries have entered the longest sustained slump in 38 years, as policy makers signal their determination to keep raising rates until they are sure inflation is under control. Most Read from Bloomberg The yield on benchmark 10-year notes jumped 23 basis points this week to 4.25% on Friday, heading for a 12-week … Read more
This article is an on-site version of our Unhedged newsletter. Sign up here to get the newsletter sent straight to your inbox every weekday Good morning. In the US stock market, the pattern of alternating very bad days and very good ones persists (Monday was good), a phenomenon we don’t particularly understand and don’t particularly … Read more
(Bloomberg) — Everywhere you turn, the biggest players in the $23.7 trillion US Treasuries market are in retreat. Most Read from Bloomberg From Japanese pensions and life insurers to foreign governments and US commercial banks, where once they were lining up to get their hands on US government debt, most have now stepped away. And … Read more
(Bloomberg) — The Bank of England became the latest authority to stage a market intervention, boosting UK bonds in a move that spilled over into the US stock and Treasury markets. Most Read from Bloomberg The S&P 500 rose for the first time since the Federal Reserve boosted rates and turned ever-more hawkish a week … Read more
(Bloomberg) — Citigroup Inc.’s Steven Wieting says buying US Treasuries is the way to prepare for 2023, when an economic downturn will cut earnings and employment. Most Read from Bloomberg “We have been adding US Treasuries, not because the yield is some incredibly high, beautiful, inflation-adjusted level, but it’s a defensive asset that’s going to … Read more
(Bloomberg) — The bond market is signaling that in the matter of the Federal Reserve versus inflation, its money is on the US central bank. Most Read from Bloomberg Demand for inflation protection — as measured by yields on inflation-protected Treasury debt — keeps falling. The five-year expected inflation rate implied by those yields is … Read more
(Bloomberg) — US equity futures fluctuated with stocks Wednesday amid rising concern that Europe will lose access to Russian gas, sending the region into a recession that could have global repercussions. Most Read from Bloomberg Contracts on the Nasdaq 100 and the S&P 500 erased early gains to trade slightly lower, along with the Stoxx … Read more