Treasury Yields Hit Highest Since 2007 on Elevated Rate Fears
The US bond-market selloff resumed Monday, driving 10-year yields to a 16-year high, as the persistently resilient economy
2023-08-22 04:47
NYC College Wants to Skip Debt Payments While It Sells Off Part of Campus
The Metropolitan College of New York needs to save itself financially. But first it needs bondholders’ help. The
2023-08-22 00:25
BRICS Expansion Gets Interesting If Saudis Join, Jim O’Neill Says
Adding countries to the BRICS bloc will matter economically if Saudi Arabia is one of them but otherwise
2023-08-21 18:16
Lira Lifesaver Became $124 Billion Gamble That Haunts Turkey
As the lira was approaching a decade of continuous losses, Turkish policymakers hit on an idea that promised
2023-08-21 17:57
Fitch Makes Case for Why Netanyahu Won’t Doom Israel Economy
When Fitch Ratings issued an optimistic report on Israel last week, it defied growing conventional wisdom that the
2023-08-21 16:15
Rupee Outperforms EM Asia Peers Even as It Nears Record Low
The Indian rupee is within a whisker of a record low, but it’s still a favored emerging-market currency
2023-08-21 13:55
Debt Crisis Risks Are Rising in Korea on Credit Union Woes
Less than a year after a debt crisis shook South Korea, concern is growing that souring lending at
2023-08-21 12:59
BOJ’s Record-Bond Buying Is Driving Need for YCC Tweaks
The Bank of Japan is purchasing government bonds at a record pace this year, a factor that likely
2023-08-21 12:52
The Emerging Market Bloc That Wants to Shake Up the World Order
The world’s leading emerging market powers have complained for years about being sidelined by wealthy nations. Now they
2023-08-21 12:27
China Local Governments to Sell $206 Billion of Financing Debt
China is taking stronger action to address financial risks of local governments, with Caixin reporting on a plan
2023-08-21 11:16
Chinese Banks Disappoint With Smaller Lending Rate Cuts
Chinese banks made a smaller-than-expected cut to their benchmark lending rate on Monday and avoided trimming the reference
2023-08-21 10:27
North Korean Hackers Take Aim at US-South Korean Joint Military Drills
North Korean leader Kim Jong Un oversaw the test-launch of a strategic cruise missile from a naval vessel,
2023-08-21 10:25