Latest World News. Find every day short and brief information composed of titles and subtitles and continue reading if interested.
President Donald Trump announced $ 50 billion of tariffs on China last week. Ambassador Cui Tiankai said China will take “all measures necessary,” possibly including cutbacks on purchases of US Treasurys. China only holds 5.50% of US treasurys and, in recent years, has already been slowing down its purchases. “We are looking at all options.” […]
Yield spreads are getting wider. Safer bonds are no longer attractive. The market is pricing in inflation, and rightly so. Sunday, the Washington Post highlighted the fact the US government is anticipated to issue $ 1 trillion in new bonds just as the desire to hold safe assets is declining due to synchronized global growth. The question […]
Reuters/Buddhika Weerasinghe The US Treasury complex has come under significant pressure following President Trump’s speech to Congress, which renewed hope of a massive $ 1 trillion infrastructure spending plan. Selling has pushed yields up more than 7 basis points in the intermediate part of the curve with the 10-year back up at a two-week high. […]
REUTERS/John Gress The US Treasury market is under pressure on Wednesday following a bunch of better than expected data. CPI, retail sales, and Empire manufacturing all topped estimates, causing sellers to continue their recent attack on the complex. The post-data selling is having the biggest impact on the belly of the curve where yields are […]
