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Bond selloff deepens and stocks drop as oil prices stoke inflation fears
Japan’s 10-year benchmark yield hit 3% for the first time since 1996, raising government borrowing costs amid concerns over mounting public debt.
Bond selloff deepens and stocks drop as oil prices stoke inflation fears
Japan’s 10-year benchmark yield hit 3% for the first time since 1996, raising government borrowing costs amid concerns over mounting public debt.
Japan 'closely watching' bond market moves: top gov't spokesman
TOKYO (Kyodo) -- Japan is "closely watching" the government bond market with heightened vigilance after the yield on the benchmark 10-year issue hit 3
Chicago PMI Falls Significantly, Signals Contraction in Manufacturing
The latest data release for the Chicago Purchasing Managers’ Index (PMI) has revealed a notable decline, raising concerns about the economic health of the manufacturing sector in the Chicago region.
FX Daily: Dollar struggling to shake off debasement trade
USD: Warsh support already vanishing The dollar has given back roughly half of the gains sparked by Federal Reserve Chair Kevin Warsh’s hawkish speech on Friday. Importantly, this does not reflect any fading conviction on Fed tightening. The 2-year SOFR rate has held above 4.20%, more than 10bp higher than before the speech.