Photographer: Andrey Rudakov / Bloomberg Photographer: Andrey Rudakov / Bloomberg Bitcoin sank the most in more than seven weeks, just days after hitting a record high. The largest crypto currency fell 8.5% …
Read More »Yellen pledges to work with Congress on ways to lower the SALT limit
US Secretary of the Treasury Janet Yellen pledged to work with Congress to ease the $ 10,000 cap on state and local tax deductions that has been a key area of focus …
Read More »Stock Market Today: Dow, S&P Live Updates for March 23, 2021
Photographer: Yuriko Nakao / Bloomberg Photographer: Yuriko Nakao / Bloomberg Asian stocks fluctuated after their US peers rallied and bond yields held down ahead of a series of closely watched Treasury auctions. …
Read More »The ghost of the horrible treasure auction haunts the bond market on the brink
Photographer: Samuel Corum / Bloomberg Photographer: Samuel Corum / Bloomberg A battered Treasury market faces another difficult week as it will have to absorb a massive list of maturity-focused auctions that have …
Read More »Summers sees worst US macroeconomic policy in 40 years
Former Treasury Secretary Lawrence Summers warned that the United States is suffering the “least responsible” macroeconomic policy in four decades, singling out Democrats and Republicans for creating “enormous” risks. In his latest …
Read More »A $ 21 Trillion Treasury Mystery Is Haunting Global Markets
Do you want to know what moves the Asian markets in your inbox every morning? Sign up here. Bond traders have been saying years of liquidity in the world’s largest bond market, …
Read More »Rising US yields loom over emerging markets in debt to the Fed
Photographer: Patricia Monteiro / Bloomberg Photographer: Patricia Monteiro / Bloomberg Soaring US Treasury yields are beginning to focus minds on the emerging market world. Developing nations’ local currency bonds had their worst …
Read More »Fed officials saw the pace of bond buying continue for ‘some time’
Photographer: Stefani Reynolds / Bloomberg Photographer: Stefani Reynolds / Bloomberg In January, Federal Reserve officials hoped it would be “some time” before the conditions were met to cut their massive bond purchases, …
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