Oil Above $100 and Bond Yields Near Multi-Decade Highs Leave the Fed Little Room to Ease
Oil has climbed back above $100 a barrel, and government bond yields are hovering close to their highest levels in more than two decades. The...
Tag : inflation
US Treasury Yields Climb to Their Highest Levels in More Than Two Decades as Fed Minutes Loom
The cost of lending to the US government rose to its highest level in more than two decades on Monday, as the benchmark 10-year Treasury...
Global Bond Yields Climb to Multi-Decade Highs as France Becomes the Market’s New Worry
Government bond markets are delivering the starkest warning in global finance this week. Borrowing costs in the United States, Britain and the euro area sit...
US Treasury Yields Hit Highest Level Since 2002, Pushing Mortgage Rates Above 7.5%
Government bond yields in the United States have climbed to their highest levels in more than two decades, a surge that is already feeding into...
US Strategic Petroleum Reserve Falls to Lowest Level Since 1982 as the Oil Shock Drags On
The United States’ emergency oil stockpile has shrunk to its lowest level in more than four decades, a stark measure of how long the Middle...
Reserve Bank of Australia Lifts Cash Rate to 4.60%, Its Fourth Rise This Year
Australian borrowers are facing another rise in the cost of a home loan after the Reserve Bank of Australia lifted its cash rate to 4.60%,...
US Consumer Confidence Sinks to Lowest Level in More Than 12 Years as Fuel Costs Bite
American households are more downbeat about the economy than at any point in more than a decade, as higher fuel costs, rising borrowing rates and...
Rupee Slips Past 96 Per Dollar to Two-Month Low as Brent Crude Nears $107
The Indian rupee slid past the psychologically important 96-per-dollar mark on Tuesday. It touched its weakest level in about two months as another jump in...
RBA Lifts Cash Rate to 4.60%, a 15-Year High: What It Means for Mortgages and Savings
Australian borrowers face another rise in repayments after the Reserve Bank of Australia lifted its cash rate by 25 basis points to 4.60% on Tuesday....
Gold Slides to Seven-Week Low as Treasury Yields Reach Highest Level Since 2007
Gold suffered its steepest one-day retreat in weeks on Monday, sliding to a seven-week low as a jump in US government borrowing costs and growing...