TwoYear U.S. Bond Yield Dam Bursts

Aug 30 Reuters A look at the day ahead in Asian markets from Jamie McGeever Another dam has burst, with the twoyear U.S. Treasury yield39;s rise to a 15year high just shy of 3.50 flooding global markets with extra uncertainty and fear. Wall Street managed to claw back some of its earlier losses on Monday […]
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ECB Policymakers make the Case for a Big Rate Hike

JACKSON HOLE, Wyo., Aug 27 Reuters European Central Bank policymakers made the case on Saturday for a large interest rate hike next month as inflation remains uncomfortably high and the public may be losing trust in the bank39;s inflationfighting credentials. The ECB raised rates by 50 basis points to zero last month and a similar […]
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