macro

Australia’s benchmark bond yield looks poised to fall below its US counterpart for the first time in over a year, as expectations for monetary policy in the two economies diverge.

"I don’t currently see an urgent need for further action," Federal Reserve Vice Chair for Supervision Michelle Bowman says after being asked about the future of monetary policy during an event hosted by the Atlantic Council in Washington. (Source: Bloomberg)

US funding markets could face disruptions from traders seeking to profit from a continued march higher in Treasury yields.

UK 30-year gilt yields top 6% for the first time since 1998 Reuters

What’s behind climbing bond yields all over the world? Guy Johnson explains. (Source: Bloomberg)

US consumer sentiment stabilized at a low level over the summer as shoppers grappled with inflation and high gas prices, Pandora A/S Chief Executive Officer Berta de Pablos-Barbier said.

The market is acting in ways that make it very hard to get a handle on what exactly is going on right now. The overall indices are surging, while many individual stocks are doing badly. Rates are rising, but the economy is still robust. There’s capex spending and the AI trade. There’s the war in Ira

Just months ago, India’s central bank pulled out all the stops to draw in dollars to bolster its foreign-exchange reserves and defend the rupee. The stronger-than-expected deluge of cash is now adding to the case for a more hawkish monetary policy stance.

Australia’s central bank has downplayed concerns about the recent collapse of a large property developer, arguing that the company and its lenders in the private credit sector do not represent a system-wide financial stability risk.

Betsey Stevenson said the Inspector General’s report finding no criminal wrongdoing in the Fed renovations confirms what many already suspected: the investigation was about a president pushing against the Federal Reserve’s independence. She argued Jerome Powell respected the institution’s need to st