Thursday, 29 October 2026
Independent coverage of global markets, trade and finance
TOKYO - Tokyo stocks fell on October 2, with the Nikkei 225 closing at 68,309, down 647 points, as investors took profits after the previous day’s sharp rally and turned cautious ahead of U.S. employment data, rising gl…
SEOUL – A surge in long-term US Treasury yields is driving up borrowing costs in Korea, lifting government bond yields and adding pressure on companies, households and stocks.
It appears that investors are concerned that the economy could be overheating, potentially leading to a faster tightening of monetary policy by the Federal Reserve. Last week, S&P Global released its latest flash purcha…
On August 19, 2026, the U.S. Treasury announced that it would at least double the size of its liquidity-support buyback operations in the 10-to-20-year and 20-to-30-year maturity sectors.
Prime Minister Burnham presented UK government plans that should help ease gilt investors' concerns about political risks. For now, US rates and energy costs continue in the driver's seat, offering little relief for gil…
Nasa is releasing a steady stream of stunning pictures of the Moon and Earth taken by the astronauts on its Artemis II Moon mission.
Foreign exchange and rates trading desks are being forced to reconcile an acute divergence across global monetary policy and broader liquidity aggregates. Despite global money supply touching an unprecedented record of …
Gold prices are facing a critical test at the start of September as a renewed global bond sell-off puts pressure on non-yielding assets.
Early trading shows the Dow down around 0.3%. The S&P 500 is nearly unchanged. The Nasdaq is inching higher. This comes after yesterday’s pullback, when both the S&P 500 and Nasdaq retreated from record highs. Rising oi…
Stocks of the largest U.S. companies plunged 10% in one week late last year and closed flat for 2015. The selloff hit investors in the high-flying market for Chinese stocks with a whopping 25% drop from the April high a…
Russia’s full-scale invasion of Ukraine in February 2022 challenged much of the common Western understanding of Russia. How can the world better understand Russia? What are the steps forward for Western policy? The Eura…
Kylian Mbappe’s France continue their quest for the world title, facing Lamine Yamal’s Spain in a blockbuster semifinal.
The BoE today updated its approach to shrinking its balance sheet and the result today is a further drop in gilt yields with the 10 yr yield now down 8.5 bps. They will halt for the next 6 months its asset sales and thi…
The market spent this week chasing a different driver almost every day. Inflation refused to cool enough for the Federal Reserve to relax, Europe moved closer to another rate hike, and oil stopped trading purely on war …
The Federal Open Market Committee primarily adjusts the stance of monetary policy through its target range for the federal funds rate. We discuss whether the fed funds rate remains the right operating target for short-t…
Last Thursday’s Treasury buyback operation was deemed “weak” in the financial media as it bought back just $5.19 billion, less than the $6 billion investors had anticipated. A buyback succeeds only if current bondholder…
The 30-year U.S. Treasury yield has touched roughly 5.3 percent in the past week, a level not seen in nearly two decades. Global counterparts in Europe, the U.K., and Japan have climbed to similar heights.
WASHINGTON — Citing a brighter economic outlook, the Federal Reserve raised its key short-term interest rate Wednesday but maintained its forecast for a total of three hikes this year amid still-modest inflation.
August 5, 2026, 3:53 AM EDT.IPOs such as SpaceX and ChangXin Memory Technologies have generated worldwide interest, particularly across the tech and AI sectors. Still, with founders trying to maximize returns and invest…
If the Supreme Court rules President Donald Trump's International Emergency Economic Powers Act (IEEPA) tariffs are illegal, U.S. companies would not only be in line to receive tariff refunds, but also billions of dolla…
The bond market is getting restless. What rising yields, $40 trillion in debt, AI spending, and Scott Bessent reveal about the price of money.
U.S. Treasury Secretary Scott Bessent's plan to suppress long-term borrowing costs through larger-scale Treasury buybacks is facing an unforgiving test from the market. The Treasury Department announced Wednesday it wou…
TL;DR: The US 10-year Treasury yield broke above 4.81% to a three-year high near 4.85%, yet the Dollar Index is sitting near support instead of rallying — a divergence that suggests markets increasingly care about wheth…
SINGAPORE, Aug 25 (Reuters) - Bitcoin rose above $80,000 to hit a more than three-month high on Tuesday as a soft U.S. dollar, in the wake of the moves by Treasury Secretary Scott Bessent to calm the bond market, revive…