macro
The dollar is on pace to fall for a second straight month as US plans to accelerate buyback of government debt weighed on the greenback.
Bonds of PG&E Corp. and Edison International broadly weakened on Monday after California lawmakers rebuffed a key provision of Governor Gavin Newsom’s plan to shift wildfire liabilities from the state’s utilities.
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Shares ease in Asia as oil climbs, yields stay high Reuters
The implications of Fed Chair Kevin Warsh’s Jackson Hole speech are pretty clear: Traders expect a rate hike given the hawkish hints littered in his address, largely focused on inflation. There are still a number of open questions and Warsh’s lack of forward guidance does not exactly lend clarity to
There are positive signs.
Perhaps. But his effort to talk bond yields lower is likely to fail
Stanley Druckenmiller's argument against his protégé Treasury Secretary Scott Bessent's approach has caused a stir in fixed-income markets. The post The danger of hitting mute on US bond markets appeared first on Atlantic Council.
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Gulf stocks fall as Fed rate-hike bets rise after Warsh remarks Reuters
The Australian dollar’s two-month rally may be nearing a peak, with some of its top forecasters warning that bets on another central bank interest-rate hike have gone too far.
Oil jumped in early Asia trading as Middle East tensions accelerated, while the dollar held gains after hawkish comments from Federal Reserve Chair Kevin Warsh fueled bets on a rate hike next month.