macro

Asian stocks and currencies rose as investors pared bets on a Federal Reserve interest-rate hike this month, weakening the dollar. The yen strengthened.

Philippine inflation eased for the fourth straight month in August while staying above the central bank’s target, on slower increases in utility rates and food prices.

Federal Reserve issues FOMC statement

Federal Reserve Board issues enforcement action with Iuka Bancshares, Inc. and The Iuka State Bank

The yen strengthened nearly 2% Thursday, reversing a month of gradual decline, as traders lifted bets on Bank of Japan interest-rate hikes and remained vigilant to the risk of official action to further boost the currency.

Australia’s bonds, caught up in the global fixed-income selloff, have seen their yields rise more than any of their peers in the past month, despite arguments that the country’s finances are in much better shape.

ECB to raise rates a second time in September, but then done, say economists: Reuters poll Reuters

Treasury spokesman Robert Jenrick tells annual conference that party will ‘index towards reassurance’

Meghan Robson, head of US credit strategy at BNP Paribas, and Matt Brill, head of North American investment grade credit at Invesco, join Michael McKee on "Bloomberg Real Yield." (Source: Bloomberg)

Bloomberg's Amanda Albright joins Michael McKee on "Bloomberg Real Yield." Nearly 200 private colleges are draining their endowments to stay alive as they face financial pressure due to declining enrollments and shrinking income. (Source: Bloomberg)