Gabon’s dollar-bonds are the worst performers in emerging markets this week after the government held a series of investor calls on plans to sell new securities, raising questions about its disclosure of debt levels and sending yields soaring.
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US Stocks surge broadly after September nonfarm payrolls dramatically undershot forecasts — 29,000 jobs added versus the 84,000–90,000 consensus and a 4.2% unemployment rate versus the expected 4.1% hold
Isabel Schnabel: Central banks on-chain
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UK homeowners take a hit as global bond selloff deepens Reuters
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United Airlines launched an aggressive status match program for Delta and American's top frequent flyer elites.
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Oil retreats as market weighs mixed supply signals Reuters
Sumitomo Mitsui DS Asset Management’s Shinji Kunibe said that funds in his global fixed-income group have sold their entire holdings of French government bonds amid concerns about the nation’s fiscal situation, shifting funds to German bunds and short-term Japanese government bonds.
Global credit markets have started to show signs of caution, as investors pull back from treating the asset class as a safe haven following record borrowings and growing concerns about balance sheets as inflation persists.
A new majority—even in Gaza—support compromise with Israel.
Reckoning with the country’s real crisis.