Global Bond Demand Reaches Australia With Record-Breaking Sale

Global Bond Demand Reaches Australia With Record-Breaking Sale

Investor demand for Australia’s new bond surged to a record as central bank policy easing, moderating inflation and trade tensions spurred a global rush for fresh issuance. Australia attracted A$83 billion ($52... Read more »
Bank of Japan’s Interest Rate Moves and the Record Price of Gold

Bank of Japan’s Interest Rate Moves and the Record Price of Gold

Welcome to Money Distilled. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. I realise I’ve... Read more »
Bernanke Tips BOE Toward ‘Scenario Forecasts’ Over Fed Dot Plots

Bernanke Tips BOE Toward ‘Scenario Forecasts’ Over Fed Dot Plots

Ben Bernanke put the US Federal Reserve on the cutting edge of economics 12 years ago by collecting policymakers’ forecasts, including their outlook for interest rates, into groups of “dot plots.” This... Read more »
Five Things You Need to Know to Start Your Day: Americas

Five Things You Need to Know to Start Your Day: Americas

Good morning. Stocks struggle for direction after another record day on Wall Street and Ken Griffin becomes the latest big hitter to tell the Fed to move cautiously on rate cuts. Here’s what’s... Read more »
Money-Market Assets Hit Fresh Record for Second Straight Week

Money-Market Assets Hit Fresh Record for Second Straight Week

Money-market fund assets rose to a fresh record high for the second straight week on expectations short-term rates will remain elevated for longer after traders reined in bets on the first Federal... Read more »
Asian Stocks to Track US Rally on Powell Optimism: Markets Wrap

Asian Stocks to Track US Rally on Powell Optimism: Markets Wrap

Asian equities were primed for gains after US stocks rose Thursday in a rally helped along by positive signs from central banks and ahead of jobs data that will help identify the... Read more »
Bahamas Bank Deltec Accused of Giving SBF ‘Secret’ Credit to Buy Tether

Bahamas Bank Deltec Accused of Giving SBF ‘Secret’ Credit to Buy Tether

It was one of the remaining puzzles after Sam Bankman-Fried’s conviction on fraud charges: what was the relationship between the one-time crypto billionaire, a Bahamas bank whose chairman created the cartoon Inspector... Read more »
Japan’s 2024 Cherry Blossom Season Will be Cheaper Thanks to Weak Yen (JPY/USD)

Japan’s 2024 Cherry Blossom Season Will be Cheaper Thanks to Weak Yen (JPY/USD)

Japan’s famed cherry blossom season is just around the corner and — thanks to the weak yen — this year may be a particularly affordable time to see nature’s spectacular displays in... Read more »
Real Estate Lenders Confront Falling US Commercial Property Prices

Real Estate Lenders Confront Falling US Commercial Property Prices

The shakeout in the $20 trillion US commercial real estate market has long been delayed for a simple reason: No one could figure out just how much properties were worth. And, more... Read more »
Five Things You Need to Know to Start Your Day: Asia

Five Things You Need to Know to Start Your Day: Asia

Good morning. US inflation data are expected to show abating price pressures. Traders are yanking cash out of inflation-linked bonds. Bitcoin jumps to $50,000. Here’s what’s moving markets. — Isabelle Lee January... Read more »
Bond Traders Cave to the Fed by Dialing Back Their Rate-Cut Bets

Bond Traders Cave to the Fed by Dialing Back Their Rate-Cut Bets

Bond traders are finally heeding one of the market’s oldest lessons: Don’t fight the Fed. As the Federal Reserve pushed through its steepest interest-rate hikes in decades, investors consistently misjudged how far... Read more »
Shadow Bank Loans From US Lenders Surpass  Trillion in Fed Data

Shadow Bank Loans From US Lenders Surpass $1 Trillion in Fed Data

The amount that US banks have loaned to so-called shadow banks surpassed the $1 trillion mark, according to Federal Reserve data, even as regulators warn of potential risks to the financial system.... Read more »
World Economy Latest: Slower US Inflation Is Set to Fuel Fed Cut Optimism

World Economy Latest: Slower US Inflation Is Set to Fuel Fed Cut Optimism

The pulse of US inflation likely continued to slow at the start of the year, helping to feed expectations that the Federal Reserve will find interest-rate cuts more palatable in the coming... Read more »
Five Things You Need to Know to Start Your Day: Asia

Five Things You Need to Know to Start Your Day: Asia

Good morning. China tightens trading restrictions. Treasuries saw their biggest two-day sell off in months. Investors await a rate decision from Australia’s central bank. Here is what’s moving markets. — Isabelle Lee Source link Read more »
What Will Fed Meeting, Treasury Refunding, Jobs Data Mean for Bonds?

What Will Fed Meeting, Treasury Refunding, Jobs Data Mean for Bonds?

Bond traders looking for something to jolt the $27 trillion Treasury market out of its recent rut will probably still be left waiting for answers, even after a busy week packed with... Read more »
Fed Rate Cuts: This Week’s Decision Could Be the Prelude to a March Move

Fed Rate Cuts: This Week’s Decision Could Be the Prelude to a March Move

Federal Reserve policymakers may finally be right on the verge of cutting interest rates. Going into this week’s two-day policy meeting, which wraps Wednesday afternoon in Washington, investors are assigning roughly even... Read more »
Money-Fund Assets Fall for Second Week on Portfolio Reallocation

Money-Fund Assets Fall for Second Week on Portfolio Reallocation

Money-market fund assets fell for a second week in a row, led by the departure of assets from institutional funds, as investors continued to reallocate portfolios in the new year. About $1.39... Read more »
Soft Landing? Top 8 Threats to the Global Economy in 2024

Soft Landing? Top 8 Threats to the Global Economy in 2024

It’s the year of the soft landing—and of interest-rate cuts that will support growth and markets around the world. So runs the upbeat conventional wisdom about the global economy in 2024. What... Read more »