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Inflation-linked bonds are the biggest losers in this month’s violent Treasury market selloff, and that’s only partly due to inflation expectations. Yields on Treasury inflation-protected securities, or TIPS, have risen even more than those on regular Treasury bonds. The 30-year TIPS yield, for example, has gone up 41 basis points to its highest level since…
The yield on the benchmark Treasury 10-year note rose almost one-half percentage point this past week to 4.49% in often chaotic trading that former Treasury Secretary Larry Summers likened to an occurrence in an emerging market country. The 30-year Treasury came close to 5% on Friday before pulling back to a 4.9% yield. The sharp…
(Bloomberg) — There’s a growing discussion on Wall Street that the Federal Reserve may need to step in to stabilize the Treasury market if the rout that briefly propelled long-term US borrowing costs above 5% continues. Mounting doubts about the safety of US assets due to US President Donald Trump’s escalating trade war deepened the…
ECB steps up monitoring of euro zone banks, sources say No signs for alarm seen yet, despite market selloff Bank supervisors calling banks more often By Francesco Canepa and Balazs Koranyi FRANKFURT, – Central bankers and supervisors in the euro zone, Britain and Switzerland have increased their monitoring of banks and markets amid a trade-war-driven…
Mumbai: The Indian rupee suffered its sharpest one-day decline in nearly three months on Monday, as concerns over US President Donald Trump’s sweeping reciprocal tariffs triggered a global stock markets rout, dragging Asian currencies lower. The rupee closed at 85.8350 per US dollar, down 0.7% or 60 paise, its worst single-day fall since 13 January….
Gold price today: Gold rates traded higher in the domestic futures market on Monday, supported by heightened fears over the impact of the global trade war. Deep losses in the stock market also made investors rush to the safe-haven asset. MCX Gold June 5 contracts were up 0.67 per cent at ₹88,661 per 10 grams…
