macro

If America sold tap water the way it sells, say, eggs or gasoline, with the price right there in your face every time you consume it, then our national argument about inflation might have looked much different over the past decade.

Four signs it is about to get uglier in the bond market as yields rise Reuters

Japan’s household spending fell for a ninth month even as wages continued to climb, showing consumers remain cautious as persistent inflation squeezes purchasing power.

Gold was steady after rising moderately the previous day, as traders assessed Middle East tensions following President Donald Trump’s comments that the US wouldn’t attack Iran before November midterm elections.

Brij Khurana, senior managing director and fixed income portfolio manager at Wellington joins Scarlet Fu on "Bloomberg Real Yield." (Source: Bloomberg)

Federal Reserve Board announces enforcement action against American Express Company to address, among other things, the firm’s failure to sufficiently detect and report certain suspicious activity related to money laundering

Bank of England Governor Andrew Bailey warned that governments may be left helpless in the event of another downturn as their firepower is sapped by weak growth and a series of severe shocks. "Fiscal policy can operate as a countercyclical tool of policy," Bailey said at an event in Turkey. "But if

Peru unexpectedly left borrowing costs unchanged for a 13th straight month as policymakers expect a recent acceleration in inflation to prove temporary.

Finance Minister François-Philippe Champagne says the federal government is mulling its options ahead of the expiry of Canada’s foreign homebuyers ban at the end of the year.

US Treasuries were ending the day mixed after a strong auction of 10-year notes signaled that yields at multi-decade highs were fueling investor appetite.